This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.
WazirX, one of India’s leading cryptocurrency exchanges, has recently taken to social media to voice its frustration with external forces that it claims are deliberately hindering its recovery efforts.
This post comes after the exchange announced a comprehensive restructuring plan designed to restore financial stability and enhance the security of its users’ assets.
In the public statement on X, WazirX criticized unnamed external parties for allegedly attempting to prolong the restructuring process. The exchange contends that these entities are motivated by a desire to maintain uncertainty and complicate the resolution that WazirX has been striving to achieve since the hack.