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April 7, 2025

WazirX Plans Milestone Debt Restructuring: Is User Funds Recovery Imminent?

WazirX, the once-thriving Indian cryptocurrency exchange, has recently advanced its debt restructuring plans following a major cyberattack last year. On April 7, the CEX successfully passed its Scheme of Arrangement proposed by its parent company, Zettai Pte Ltd. This development raises hopes among users for potential recovery of lost funds.

![WazirX Restructuring Plans](https://images.financialmodelingprep.com/news/wazirx-news-debt-restructuring-plan-gains-support-user-funds-20250407.webp)

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