BlockBeats News, September 29th: Indian cryptocurrency exchange platform WazirX stated that it had submitted a legal opinion to the Singapore court on Friday, September 26, 2025, seeking to advance its restructuring plan and is awaiting further instructions.
Prior to this, on June 5th, it was reported that the troubled Indian cryptocurrency exchange platform WazirX faced a major setback in its restructuring plan, as the Singapore High Court refused to approve its proposal to repay creditors. This decision will effectively delay the repayment process, originally scheduled to begin as early as April 2025. In an email sent to creditors, WazirX stated: “The Singapore High Court has officially ordered the rejection of our proposed restructuring plan.”
