{"id":851178,"date":"2024-09-03T09:07:00","date_gmt":"2024-09-03T03:37:00","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=851178"},"modified":"2024-09-03T09:17:16","modified_gmt":"2024-09-03T03:47:16","slug":"wazirx-plans-restructuring-seeks-white-knight-users-set-to-lose-43-funds","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/03\/wazirx-plans-restructuring-seeks-white-knight-users-set-to-lose-43-funds\/","title":{"rendered":"WazirX plans restructuring, seeks white knight; users set to lose 43% funds"},"content":{"rendered":"<p>Crypto exchange WazirX has said customers affected by the recent cyber attack will not be able to recover their full funds even as the firm looks to restructure. <\/p>\n<p>At a virtual press conference, the firm\u2019s advisor said at best the company might look to return 55-57 per cent of the money. <\/p>\n<p>\u201cThis is what can be returned to users with the benefit of this restructuring,\u201d said Jason Kardachi, managing director (restructuring), Kroll.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange WazirX has said customers affected by the recent cyber attack will not be able to recover their full funds even as the firm looks to restructure. At a virtual press conference, the firm\u2019s advisor said at best the company might look to return 55-57 per cent of the money. \u201cThis is what can be returned to users with the benefit of this restructuring,\u201d said Jason Kardachi, managing director (restructuring), Kroll.<\/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":[9,34,4],"tags":[],"class_list":["post-851178","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851178","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=851178"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851178\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=851178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=851178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=851178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}