{"id":849745,"date":"2024-08-29T12:14:30","date_gmt":"2024-08-29T06:44:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=849745"},"modified":"2024-08-29T12:10:11","modified_gmt":"2024-08-29T06:40:11","slug":"wazirx-files-moratorium-application-in-singapore-court","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/29\/wazirx-files-moratorium-application-in-singapore-court\/","title":{"rendered":"WazirX files moratorium application in Singapore Court"},"content":{"rendered":"<p>Singapore-based Zettai, the holding company of cryptocurrency exchange platform WazirX, has filed an application with the Singapore High Court for a moratorium under section 64 of the Insolvency, Restructuring and Dissolution Act 2018. This is to facilitate the company&#8217;s intention to restructure its liabilities under a scheme of arrangement. Crypto exchange WazirX on Wednesday informed in a blog post that this step has been taken to address users&#8217; cryptocurrency balances on the platform following the cyberattack and theft of crypto tokens from the platform.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore-based Zettai, the holding company of cryptocurrency exchange platform WazirX, has filed an application with the Singapore High Court for a moratorium under section 64 of the Insolvency, Restructuring and Dissolution Act 2018. This is to facilitate the company&#8217;s intention to restructure its liabilities under a scheme of arrangement. Crypto exchange WazirX on Wednesday informed in a blog post that this step has been taken to address users&#8217; cryptocurrency balances on the platform following the cyberattack and theft of crypto tokens from the platform.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-849745","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=849745"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/849745\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=849745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=849745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=849745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}