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WazirX Secures Over 93% Creditor Approval for $234 Million Post-Hack Restructuring Plan from March 19 to March 28

WazirX, the beleaguered cryptocurrency exchange, has received overwhelming support from its creditors for a restructuring plan following a $234 million hack last year
By: DeepNewz

WazirX, the beleaguered cryptocurrency exchange, has received overwhelming support from its creditors for a restructuring plan following a $234 million hack last year. More than 90% of voting creditors participated in the decision-making process, which took place between March 19 and March 28, 2025. The approval of over 93% of votes indicates a significant step towards partial asset recovery for victims of the hack. The company's press release confirmed the favorable outcome of the vote, which brings hope for recovery to those affected by the incident.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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