WazirX asks Singapore High Court for 6 months to restructure its liabilities

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WazirX asks Singapore High Court for 6 months to restructure its liabilities

WazirX asks Singapore High Court for 6 months to restructure its liabilities

According to the announcement, the impact of the cyberattack will be distributed proportionally to users who are equally eligible as unsecured creditors under the restructuring. Users will receive a portion of the available token assets associated with the platform, proportional to their share of all unsecured claims of users on their account balances.

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