conditional moratorium

News

A digital courtroom scene with a judge granting a moratorium to a distressed crypto exchange represented by a digital wallet and blockchain symbols. Include elements of hacking, such as broken chains and a shadowy figure symbolizing the hacker.

Singapore Court Grants WazirX 4-Month Grace Period

By Olivier Acuña | TH3FUS3 Chief Editor

WazirX, India's largest crypto exchange, received a four-month conditional moratorium from the Singapore High Court after a $234 million hack. The hack led to a 45% loss of customer funds. The court mandated transparency and swift action from WazirX.

September 26, 2024 11:29 AM

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