WazirX is close to obtaining legal permission, and the court intends to approve its resumption of trading

India's largest cryptocurrency exchange WazirX is on the verge of resuming trading, as a restructuring plan is progressing smoothly and the exchange is currently awaiting court approval. The restructuring plan has received overwhelming support, with 95.7% of voting creditors casting their votes in favor, marking a crucial step in addressing the aftermath of the hacking incident in July 2024. The hack resulted in the theft of $235 million, a significant portion of which flowed to North Korea.