- More than 93% of Wazirx users participated in the new plan to correct the jobs after the big hack.
- The plan is now going to the Singapore Court for the final approval.
- If approved, Wazirx will start giving funds and soon restart trade.
After losing more than $ 230 million in a hack, Wazirx received great support from its users for a rescue plan. More than 93% of OY users “Yes” was selected for the plan, and approximately 94.6% of the total amount included in the allegations.
2024 Wazirx Hack Recovery
More than 131,000 between 141,476 people who gave their votes supported the company’s proposal. These allegations were more than $ 195.6 million. This voting process was held between 19 March and 28 March by Krarol Wasteer Services. Wazirx now takes the offer to a Singapore court for the final approval.
If the court allows this, Wazirx will begin to return money to users within 10 working days. The company also plans to continue its trade services gradually.
Hack occurred in mid -2013 and was connected to North Korean hackers. Wazirx’s wallet, managed with a Liminal company, was violated and a tremendous amount of customer money disappeared. Since then, accounts have been frozen with stock exchanges and a legal rescue process has been initiated.
There were some users on a platform associated with the company that questioned the vote and preferred a complete independent system. Others were upset that they could not make profits when Bitcoin hit the highest levels of all time.
Wazirx CEO Nischal Shetty announced News about x, “People spoke… This is a big moment in our healing.”
And now, the Focus Singapore Court. Wazirx can soon try to repay users and regain their confidence if plans go smoothly.
Crypto news emphasized today
Binance Research Report emphasizes Crypto’s fragility in the midst of the 2025 Trade War Conuse.
to share
