The Singapore High Court has rescheduled Wazirx’s next hearing on HC/Sum 940/2025. July 15th, 2025, 7:30amthere is a date for the reserve July 16th. This follows the recent court’s approval to allow Wazirx to present further discussions on its restructuring plan.
The date change, originally set for July 10th-11th, was confirmed by Wazirx in a recent post on X.
show Updates on proposed deployment scheme
The Singapore Court is scheduled to have a further discussion hearing at HC/Sum 940/2025 on July 15, 2025 (10:30am) on the reserve date set for July 16, 2025 (not July 10, 2025, but…pic.twitter.com/vp2xwticjkk) on July 15, 2025 (10:30am).
– Wazirx: India Ka Bitcoin Exchange (@wazirxindia) June 27, 2025
The court will direct the application before hearing it
The court ordered Wazirx to file Supplementary affidavit and written submission by July 4, 2025showing a desire to evaluate new documents before the hearing. Wazirx has not revealed any details, but states:
“We are currently awaiting details from the court regarding attending the hearing and will share more information if the court provides details.”
The community is still waiting for answers after the $234 million hack
Despite this procedural advance, Wazirx has not yet publicly recognized the $234 million hack It wiped out millions with user funds. Users will continue to raise questions about their accountability and refund timelines, particularly as a step forward for the reconstructed inch.
93% of creditors approved the restructuring, but no words from the CEO
Early this year, 93% of voting creditors have approved Wazirx’s restructuring planimportant advancement. However, co-founders Nishkar Shetty is silentusers are also asking for updates even if they flood social media. The company does not provide peace of mind Potential refunds or roadmap for futures.
Why this hearing is important
this The July 15th hearing could be a turning point. The court’s decision could have an impact on the operating future of the platform. For now, all eyes remain in the court as Wazirx’s silence continues to irritate its former loyal user base.