The Business & Technology Network
Helping Business Interpret and Use Technology
«  
  »
S M T W T F S
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
 
 
 

Is WazirX About to Make a Comeback?

WazirX Hack Update Consumer Court Rejects Case, Victims Plan To Approach Supreme Court

The post Is WazirX About to Make a Comeback? appeared first on Coinpedia Fintech News

WazirX has gained major support for its restructuring plan, with 94.6% of voting creditors (by claim value) saying “yes.” A total of 141,476 creditors voted, representing over $195.6M in approved claims. Of them, 93.1% voted in favor by count. The approval far exceeds the required threshold under Singapore law. With strong backing in hand, Zettai is now taking the next step by moving the proposal forward to the Singapore Court for formal approval.