Reported about 1 month ago
Customers of WazirX, an Indian cryptocurrency exchange that was hacked for $234 million in July, are unlikely to recover their full funds, with legal advisers suggesting a recovery rate of only 55% to 57%. The company is undergoing restructuring and has sought protection from the Singapore High Court. WazirX aims to distribute remaining assets to users but is facing growing pressure from other exchanges and legal disputes with Binance.
Source: YAHOO