WazirX $230-million heist: Singapore court allows WazirX parent to hold meet with crypto users

The Singapore High Court has granted permission to Zettai Pte Ltd to convene a meeting with the users of its cryptocurrency exchange platform WazirX to discuss a scheme aimed at expediting the recovery of over USD 230 million stolen assets. The firm had moved the court through an application on December 6, 2024, seeking permission to convene a meeting with creditors (users) to present and vote on a proposed scheme aimed at providing quick and fair recoveries for unsecured creditors who lost funds in a cyber attack on WazirX in July last year.