WazirX is close to obtaining legal permission and court intends to approve it to resume trading
Internet reports that WazirX, India's largest cryptocurrency exchange, is on the verge of resuming trading and is currently awaiting court approval after a restructuring plan smoothly progressed. The reorganization plan received overwhelming support, with 95.7% of voting creditors voting in favor, a key step in addressing the aftermath of the July 2024 hacking incident. The hacking attack at the time resulted in the theft of $235 million, a large portion of which flowed to North Korea.
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