{"id":887165,"date":"2024-12-12T11:13:43","date_gmt":"2024-12-12T05:43:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=887165"},"modified":"2024-12-12T11:13:43","modified_gmt":"2024-12-12T05:43:43","slug":"wazirx-hack-zettai-seeks-court-approval-for-creditor-meeting-and-recovery-plan","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/12\/wazirx-hack-zettai-seeks-court-approval-for-creditor-meeting-and-recovery-plan\/","title":{"rendered":"WazirX hack: Zettai seeks court approval for creditor meeting and recovery plan"},"content":{"rendered":"<p>Zettai, the Singapore-based parent company of Indian crypto exchange WazirX, is seeking court approval to move forward with a recovery plan for creditors impacted by a cyberattack earlier this year.<br \/>\nThe move comes after a major hack on WazirX in April 2024, resulting in the theft of millions of dollars worth of cryptocurrency from user accounts. The incident significantly tarnished the exchange&#8217;s reputation and left a trail of financial losses for its customers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zettai, the Singapore-based parent company of Indian crypto exchange WazirX, is seeking court approval to move forward with a recovery plan for creditors impacted by a cyberattack earlier this year. The move comes after a major hack on WazirX in April 2024, resulting in the theft of millions of dollars worth of cryptocurrency from user accounts. The incident significantly tarnished the exchange&#8217;s reputation and left a trail of financial losses for its customers.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-887165","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/887165","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=887165"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/887165\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=887165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=887165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=887165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}