Wazirx, the main Indian Stock Exchange, may soon revive its operations after penetrating 230 million dollars last year, if the Singapore Court agrees to propose its recovery and restructuring.
The platform, owned by Zettai, based in Singapore, announced this week that it has completed all the preparations necessary to resume operations and compensate the affected users. What stands on the way is a hearing of the court to be held on May 13, where the judge decides whether he will agree to the Zettai restructuring plan, according to what he said EXCHANGE on social media.
In July 2024, the multi -signed Wazirx wallet was drained in a violation attributed to the Lazaros group in North Korea, a state of piracy sponsored by the state known specifically in the coded currency industry. Blockchain investigators tracked some stolen money through mixing services, a common tactic used to wash.
Wazirx C creditor agrees to the restructuring plan
Since then, Wazirx has been rebuilding confidence. Earlier this month, I got support from most creditors: more than 93 % of those who voted supported the plan, representing approximately 95 % of the total value of claims.
The proposal to users provides about 85 % of lost money recovery. The company also plans to distribute “recovery codes” that may recover more over time.
Zettai says she is following legal procedures and tracking forensic medicine to restore the remaining funds. I have promised that distributions of distributions and access to the platform will appeal within 10 working days of the approval of the court.
The company’s announcement added: “Although we worked to remain compatible with the previously shared timelines, the court’s procedures are operating independently, and we respect this process.”
Meanwhile, the infiltrators who violated the Wazirx wallet are still It was followed on the series, after it was found that it moves a large amount of ether to Tornado Cash, a well -known cryptocurrency mixer, in an attempt To hide their source of money, it looks.
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