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Cryptopolitan 2024-09-26 11:41:37

What will happen after WazirX’s 4-month moratorium expires?

WazirX, an Indian cryptocurrency exchange, has been granted a four-month conditional moratorium by Singapore courts. The legal protection comes 2 months after a $230 million hack that left investors unable to withdraw their funds. The moratorium, granted under Singapore’s Insolvency, Restructuring, and Dissolution Act (IRDA), temporarily prevents creditors from taking legal action against WazirX. Singapore

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