{"id":860381,"date":"2024-09-27T07:41:46","date_gmt":"2024-09-27T02:11:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=860381"},"modified":"2024-09-27T07:49:43","modified_gmt":"2024-09-27T02:19:43","slug":"singapore-court-grants-4-month-moratorium-to-wazirx-after-230-mn-hack","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/27\/singapore-court-grants-4-month-moratorium-to-wazirx-after-230-mn-hack\/","title":{"rendered":"Singapore court grants 4-month moratorium to WazirX after $230 mn hack"},"content":{"rendered":"<p>A Singapore court on Thursday granted a four-month moratorium to Indian cryptocurrency exchange WazirX, a period which the embattled firm will use to restructure its business without worrying about legal proceedings. <\/p>\n<p>A moratorium offers applicant temporary relief from legal proceedings. <\/p>\n<p>WazirX, India\u2019s biggest crypto exchange, suffered a major hacking attack in July this year losing close to $230 million. Since then, it has been trying to deal with the crisis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Singapore court on Thursday granted a four-month moratorium to Indian cryptocurrency exchange WazirX, a period which the embattled firm will use to restructure its business without worrying about legal proceedings. A moratorium offers applicant temporary relief from legal proceedings. WazirX, India\u2019s biggest crypto exchange, suffered a major hacking attack in July this year losing close to $230 million. Since then, it has been trying to deal with the crisis.<\/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-860381","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\/860381","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=860381"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/860381\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=860381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=860381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=860381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}