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WazirX to hold first meeting on September 2 to discuss restructuring and suspension application

BlockBeats reported that on September 1, WazirX announced that it plans to hold its first Townhall meeting at 16:00 on September 2 to discuss restructuring and the Moratorium Application.


BlockBeats previously reported that on August 28, according to official news, Indian crypto trading platform WazirX announced on Wednesday that it had requested six months from the Singapore High Court to restructure its debt. This move will trigger a 30-day automatic moratorium order. The hearing date for the court to decide whether to approve the moratorium order has not yet been determined.

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The main assets sold include SHIB, ETH, MATIC, PEPE, etc., with a total amount exceeding US$230 million
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