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WazirX's Restructuring Triumph!

In India's crypto realm, WazirX faces the music post-hack. Over 90% of creditors back a restructuring plan. Co-founder @NischalShetty focuses on stolen asset recovery and profit sharing. Following a $235M hack allegedly by North Korean actors, creditors risk repayment delays if plans failed. Future safety hinges on partnerships with BitGo and Zodia for crypto custody. With crypto hacks rampant, WazirX's story underscores the growing need for robust digital asset security.
Klaus on Ethereum