TechFlow reported on October 17 that, according to Decrypt, Indian cryptocurrency exchange WazirX is undergoing debt restructuring and plans to file an affidavit with the Singapore High Court disclosing 240,000 wallet addresses and balances. WazirX stated the disclosure aims to rebuild trust by providing an unfiltered view of its operations and ensuring creditors and users are notified before any legal filings.
Previously, the exchange suffered a cyberattack in July, losing $230 million, leaving users unable to access their funds, and has since struggled to repay debts to customers.
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