93% of WazirX creditors greenlight post-hack recovery plan

Over 93% of WazirX creditors supported the restructuring plan to recover from a $235 million hack attributed to North Korean hackers. This plan offers partial repayments and aims for court approval soon.

The vote, carried out with oversight from Alvarez & Marsal, confirmed 131,659 creditors voted positively. Full repayments in USDT will be complemented by recovery tokens linked to future profits.

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