The Singapore Excessive Courtroom has rescheduled Wazirx's subsequent listening to on HC/Sum 940/2025. July fifteenth, 2025, 7:30amthere’s a date for the reserve July sixteenth. This follows the current courtroom's approval to permit Wazirx to current additional discussions on its restructuring plan.
The date change, initially set for July Tenth-Eleventh, was confirmed by Wazirx in a current put up on X.
present Updates on proposed deployment scheme
The Singapore Courtroom is scheduled to carry an extra dialogue listening to at HC/Sum 940/2025 on the reserve date (10am) set for July 15, 2025 (not July 10, 2025, however…pic.twitter.com/vp2xwticjkk) at 7:30am (10am) on July 15, 2025.
– Wazirx: India Ka Bitcoin Alternate (@wazirxindia) June 27, 2025
The courtroom will direct the applying earlier than listening to it
The courtroom ordered Wazirx to file Supplementary affidavit and written submission by July 4, 2025exhibiting a want to judge new paperwork earlier than the listening to. Wazirx has not revealed any particulars, however states:
“We’re at the moment awaiting particulars from the courtroom relating to attending the listening to and can share extra data if the courtroom gives particulars.”
The neighborhood remains to be ready for solutions after the $234 million hack
Regardless of this procedural advance, Wazirx has not but publicly acknowledged the $234 million hack It worn out thousands and thousands with consumer funds. Customers will proceed to lift questions on their accountability and refund timelines, notably as a step ahead for the reconstructed inch.
93% of collectors authorised the restructuring, however no phrases from the CEO
Early this 12 months, 93% of voting collectors have authorised Wazirx's restructuring planvital development. Nonetheless, co-founders Nishkar Shetty is silentcustomers are additionally asking for updates even when they flood social media. The corporate doesn’t present peace of thoughts Potential refunds or roadmap for futures.
Why this listening to is vital
this The July fifteenth listening to might be a turning level. The courtroom's choice might have an effect on the working way forward for the platform. For now, all eyes stay within the courtroom as Wazirx's silence continues to frustrate its former loyal consumer base.
