Indian crypto trading platform WazirX said it has filed a legal opinion with a Singapore court on Friday (September 26, 2025) seeking to advance its restructuring plan and is awaiting further instructions.
This follows a major setback to the restructuring plan of troubled Indian crypto exchange WazirX, which was reported on June 5. Singapore's High Court refused to approve its proposal to repay creditors. The decision will effectively delay the repayment process, which was originally scheduled to start as early as April 2025.
In an email to creditors, WazirX said: The Singapore High Court has made a formal order refusing to approve our proposed restructuring plan.
WazirX has filed a legal opinion with the Singapore court seeking to advance the restructuring plan
2025-09-29 05:22:50
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
WazirX：已向新加坡法院提交法律意见书寻求推动重组计划Next article：
Perena：部分用户遭遇应用程序宕机，团队正在解决
