Singapore court allows WazirX to present further arguments for restructuring plan

The development comes weeks after the country’s high court declined to approve WazirX’s proposed restructuring plan, as it seeks to recover from a $234.9 million crypto heist.

Jun 24, 2025 - 09:58

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Singapore court allows WazirX to present further arguments for restructuring plan

Indian crypto exchange WazirX on Tuesday received a shot in the arm after a Singapore court granted the company’s request to present further arguments in its application for the court’s sanction of the proposed restructuring plan.

In a post on X, WazirX said that the court has extended the moratorium granted from June 6 until the company submits further arguments in favour of the Scheme of Arrangement.

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