From March 19th through the 28th, 2025, users via the KIS platform will have the opportunity to cast their votes.
At least half of the creditors must vote in favor of the Scheme for it to be approved.
Indian crypto exchange WazirX’s CEO Nischal Shetty has requested users to approve a restructuring scheme post the hack. At least half of the creditors must vote in favor of the Scheme for it to be approved. And each class’s value-weighted creditors must be present and vote for it to pass.
Clearing Up Confusion About the Restructuring
If you have any questions, feel free to ask, we want to make everything as clear as possible.
At the end of the day, the choice is yours.
A Yes vote means we move forward, restart the platform, and distribute ALL available liquid…
— Nischal (Shardeum) (@NischalShetty) March 2, 2025
The Court’s authorization of the Scheme will make it enforceable against the Company and its creditors once it’s authorized. Clear timelines and
We współpracy z: https://thenewscrypto.com/wazirx-ceo-seeks-creditors-approval-for-restructuring-scheme/
