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What will happen after WazirX’s 4-month moratorium expires?

What will happen after WazirX’s 4-month moratorium expires?


Cryptopolitan
2024-09-26 11:41:37

WazirX, an Indian cryptocurrency exchange, has been granted a four-month conditional moratorium by Singapore courts. The legal protection comes 2 months after a $230 million hack that left investors unable to withdraw their funds. The moratorium, granted under Singapore’s Insolvency, Restructuring, and Dissolution Act (IRDA), temporarily prevents creditors from taking legal action against WazirX. Singapore


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