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CRYPTO THEFT Court sanctions restructuring plan of WazirX
The Morning Standard
|October 14, 2025
MORE than a year after crypto exchange WazirX suffered a cyber attack leading to the theft of %2,000 crore worth of funds, its parent company Zettai Pte on Monday said the High Court of Singapore has officially sanctioned creditor-approved restructuring scheme proposed by Zettai with modification.
This comes after 95.7% of voting creditors — representing 94.6% in value — re-voted in favour of the Scheme in August 2025. This approval marks the culmination of months of collaborative efforts between Zettai and the WazirX user community, paving the way for the reopening of the platform. A cyberattack on WazirX in July last year led to the theft of about %2,000 crore worth of funds
This story is from the October 14, 2025 edition of The Morning Standard.
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