WazirX to pay 80% of the stolen customer funds, rules Singapore High Court: community backlash

2025-1-28 10:13

Singapore High Court has accepted WazirX's reorganization plan, which will allow the exchang to repay 75% to 80% of the stolen customer monies. Despite the court's decision, many victims remain suspicious! origin »

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court high wazirx customer singapore stolen monies

court high → Результатов: 126


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Singapore court backs WazirX plan for post-hack revival

The Singapore High Court has approved Zettai Pte Ltd’s request to convene a meeting with creditors of the crypto exchange WazirX, allowing the company to present its restructuring proposal. The decision is a critical step in Zettai’s efforts to address debts and recover from the $230 million hack of WazirX linked to North Korea’s Lazarus […] The post Singapore court backs WazirX plan for post-hack revival appeared first on CryptoSlate.

2025-1-24 01:00


Freedom! Nigerian Court Clears Binance Exec, Orders Immediate Release

Tigran Gambaryan, a Binance executive who had been detained since February, has been officially cleared of all charges by the Nigerian government. The Economic and Financial Crimes Commission (EFCC) requested the withdrawal of the case at the Federal High Court in Abuja during a court session on October 23, 2024. This announcement was made during […]

2024-10-24 07:00


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Multichain ordered to compensate Fantom Foundation $2.18M

The High Court of Singapore has ordered that the Multichain Foundation, a prominent cross-chain router protocol, compensate the Fantom Foundation, a leading layer-1 platform, with $2.18 million. This ruling follows a devastating Multichain hack in July 2023 that resulted in the loss of over $210 million in assets across various chains. The Multichain hack impacted […]

2024-7-10 12:48


Binance Stunned: Bail Application Of Exec Tigran Gambaryan Denied, Nigerian Court Mandates Incarceration

According to local media reports, Tigran Gambaryan, Binance’s Head of Financial Crimes Compliance, has been remanded in custody in Abuja, Nigeria. The Federal High Court in Abuja postponed the hearing of Gambaryan’s bail application for 11 days, with the remand order continuing until the bail hearing on April 18.  The judge, Emeka Nwite, agreed with […]

2024-4-9 00:00


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Montenegro decides to extradite Do Kwon to South Korea in retrial

The Montenegrin high court overseeing Terraform Labs co-founder Do Kwon’s extradition retrial has decided to send him back to South Korea instead of the US, local media reported on March 7. The decision will likely be final as the case has gone through multiple stages of trials and appeals over the past year as both […] The post Montenegro decides to extradite Do Kwon to South Korea in retrial appeared first on CryptoSlate.

2024-3-8 20:13