WazirX Set to Relaunch Following $235 Million Hack
- WazirX, an Indian cryptocurrency exchange, plans to relaunch in April-May 2025.
- A court hearing on May 13, 2025, will decide the legal enforceability of the relaunch plan.
- The platform suffered a $235 million hack, significantly impacting operations.
- Parent company Zettai has completed necessary preliminary steps for the relaunch.
- Upon court approval, funds distribution and platform restart are expected within ten working days.
The upcoming court hearing is crucial for WazirX’s planned relaunch after a $235 million hack. If approved, operations may resume within ten days.
Source (2.6)https://hodl.press/wazirx-plans-to-relaunch-in-two-months/?rand=24434
