WAZIRX-RESTRUCHINGING APPLICATION receives 95% approval of creditors after $ 230 million hack from the Lazarus Group-court decision is still pending.

WAZIRX-RESTRUCHINGING APPLICATION receives 95% approval of creditors after $ 230 million hack from the Lazarus Group-court decision is still pending.

Successful restructuring plans from Wazirx: 95% consent of the creditors

Wazirx, an important platform in the area of ​​cryptocurrencies, recently received a remarkable consent of 95 % among the creditors with its restructuring plan. This happened in the context of votes in which a total of 149,559 voters took part. The consent of the creditors was a crucial step to stabilize the company after the devastating hack through the Lazarus Group, which was associated with a loss of $ 230 million.

The restructuring plan was considered necessary to restore confidence in the platform and to secure the financial foundations. The coordination among the creditors reflects the urgency and the shared responsibility, which exists with regard to the future stability of Wazirx.

Now Wazirx is waiting for a judgment of the court that is of crucial importance for the further progression of this plan. The upcoming decision is expected to pave a clear way to implement the restructuring plan and to confirm the future operation of the platform.

The recent developments show that despite considerable challenges, the community of creditors is willing to work constructively together in order to achieve a positive result for everyone involved. Experts are excited about the pronouncement of the judgment and the effects that this could have on the cryptocurrency industry, especially with regard to the security measures and trust in digital trading platforms.

Overall, this is an important step for Wazirx, and the coming weeks will be crucial to see how the company recovers the hack and strengthens its position in the market.