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More than 90% of WazirX creditors support restructuring plan to repay debts through a combination of liquid assets and recovery tokens

2025-04-07 14:01

Odaily News More than 90% of the voting creditors of Indian cryptocurrency exchange WazirX voted in favor of the platform's post-hacking restructuring plan, which intends to repay debts through a combination of liquid assets and recovery tokens. WazirX co-founder and CEO Nischal Shetty said that after the plan was approved, recovering the stolen assets was the "main focus." However, he pointed out that profit sharing is a further measure the company hopes to use to compensate users. (Cointelegraph)