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June 24, 2025

WazirX Secures New Hearing for User Repayment in Court

WazirX, the popular Indian cryptocurrency platform, has received a significant development from the Singapore High Court. The court has now provided WazirX the chance to present additional arguments regarding its restructuring efforts and user repayment processes. This decision follows months of uncertainty, and WazirX has confirmed the news through a post on social media. The cryptocurrency platform has been navigating challenges in recent months, and this extension of their court-granted moratorium is a crucial step toward addressing user concerns. As updates emerge, clients and stakeholders will monitor the ongoing situation closely, seeking reassurance as WazirX works through its challenges. The outcome could shape the future of operations and user trust in the platform as it seeks to recover and stabilize.

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