WazirX

Highlights: Indian court confirms crypto is property in case over frozen XRP investor funds. Judge sides with investor, saying XRP was separate from hacked Ethereum assets. Ruling rejects foreign arbitration and urges crypto firms to protect user holdings properly. The […]

Highlights: WazirX resumes trading after a 16-month pause caused by a major crypto theft. The platform offers zero-fee trading and recovery tokens to rebuild user trust. BitGo partnership adds secure custody as WazirX restarts with new protections. WazirX, once India’s […]

Highlights: WazirX has submitted a court filing in Singapore to address the July hack and creditor claims under legal supervision. The Lazarus Group-linked hack cost WazirX $234.9 million and forced the exchange into a debt restructuring plan. WazirX partnered with […]

Highlights: 95.7% of creditors approved the WazirX restructuring plan. Operations could resume within 10 working days of court approval. $230 million was lost in the July 2024 WazirX cyberattack. WazirX, the once-largest crypto exchange in India, has made an important […]

Highlights: Singapore has rejected a plan by WazirX meant to restructure after the hack. WazirX has shifted its base to Panama before the June deadline while keeping services active for Indian users. WazirX token crashes after court ruling as users […]

Highlights: WazirX plans to restart services, awaiting a court decision on May 13. Affected users may receive recovery tokens, covering 75%-80% of balances. Supreme Court dismisses WazirX users’ plea, directs them to seek help from regulators. WazirX, the Indian crypto […]

Highlights: Authorities in India have ordered an investigation into WazirX for fraud and security failures after the hack. Reports indicate WazirX failed to check user identities and may have helped fintech firms move money without records. WazirX users will vote […]

Highlights: WazirX has frozen $3 million in USDT from the $230 million hack. The Singapore High Court granted a four-month moratorium to restructure liabilities related to the breach. A recent joint statement attributes the hack to the Lazarus Group, which […]

Highlights: Police arrest WazirX suspect, uncovering a vital lead in the ₹2,000 crore cryptocurrency heist. The arrested suspect allegedly facilitated the hack using a fake WazirX account sold on Telegram. Liminal Custody, which was in charge of securing WazirX’s wallets, […]

Highlights: WazirX was granted a four-month conditional moratorium from the Singapore Court to manage its liabilities after the $230 million hack. The moratorium requires WazirX to disclose wallet addresses, financial records, and respond to user queries within six weeks. The […]

Highlights: WazirX to restore balances to pre-breach status after $234M cyberattack Restoration includes reversing trades, refunding TDS, and canceling fees WazirX’s recovery efforts aim to rebuild user trust and enhance platform security WazirX, the prominent Indian crypto exchange, is restoring […]

Highlights: The Emollient Coin scam affected over 2,508 investors, causing significant financial losses ED raids target founders of Emollient Coin, uncovering primary fraudulent operations WazirX hack results in the theft of $234.9 million in crypto assets India’s Enforcement Directorate (ED) […]