WazirX secures majority creditor nod for proposed scheme of arrangement

A majority of creditors of the beleaguered crypto exchange WazirX voted in favour of the proposed scheme of arrangement during a process conducted between March 19 and March 28.

WazirX’s parent firm Zettai said 93.1 per cent of eligible voting creditors, representing 94.6 per cent in value of claims, voted in favour of the scheme, months after the company proposed restructuring in the Singapore High Court.