WazirX Exchange Prepares for Relaunch

Indian cryptocurrency exchange WazirX, which suffered a $235 million hack, will resume operations in April-May 2025. This was announced by the platform team.

The statement said that WazirX exchange parent company Zettai has completed all necessary preliminary steps, and the next key milestone is the sanction hearing, which the Singapore High Court has scheduled for May 13, 2025.

“This hearing is critical to the scheme becoming legally binding,” the team added.

The exchange team said that while they tried to stick to the previously announced deadlines, court cases have their own dynamics, which they respect. Once the scheme is approved by the court, the first distribution of funds and the relaunch of the platform will take place within 10 business days of the decision coming into force.

Recall that in November 2024, officers of the Intelligence and Strategic Operations Wing of the Delhi Police detained a man suspected of complicity in the hack of the WazirX exchange for $235 million.

Источник: cryptocurrency.tech