The Singapore Excessive Courtroom has rescheduled WazirX’s subsequent listening to in case HC/SUM 940/2025 to July 15, 2025, at 7:30 AM IST, with a reserve date of July 16. This follows the courtroom’s latest approval permitting WazirX to current additional arguments relating to its restructuring plans.
Initially set for July 10-11, the date change was confirmed by WazirX in a latest publish on X, providing a small but important replace to hundreds of affected customers awaiting readability.
📢 Replace on Proposed Scheme of Association
The Singapore Courtroom has scheduled the listening to for additional arguments in HC/SUM 940/2025 on 15 July 2025 at 7:30 AM IST (10:00 AM SGT) with a reserve date set for 16 July 2025, if wanted (as a substitute of 10 July 2025, with 11 July 2025 as… pic.twitter.com/Vp2XWTiCJK
— WazirX: India Ka Bitcoin Trade (@WazirXIndia) June 27, 2025
Courtroom Directs Submitting Earlier than Listening to
The courtroom has ordered WazirX to submit a supplemental affidavit and written submissions by July 4, 2025, indicating a need to evaluate new documentation earlier than the listening to. Whereas WazirX has not disclosed specifics, it said:
“We’re presently awaiting particulars relating to attendance on the listening to from the Courtroom, and can share extra data when the Courtroom gives us with the small print.”
Group Nonetheless Awaits Solutions After $234M Hack
Regardless of this procedural progress, WazirX has but to publicly acknowledge the $234 million hack that worn out thousands and thousands in person funds. Customers proceed to boost questions on accountability and refund timelines, particularly as restructuring inches ahead.
93% Collectors Authorised Restructuring – However No Phrase from CEO
Earlier this yr, 93% of voting collectors authorised WazirX’s restructuring plan, an important step ahead. Nevertheless, co-founder Nischal Shetty has remained silent, at the same time as customers flood his social media asking for updates. The corporate has supplied no reassurance on potential refunds or the roadmap forward.
Why This Listening to Issues
This July 15 listening to might be a turning level. The courtroom’s choice will seemingly affect the platform’s operational future, and whether or not customers see any type of compensation. For now, all eyes stay on the courtroom, as WazirX’s silence continues to frustrate its once-loyal person base.
