The Singapore Excessive Courtroom has rescheduled WazirX’s subsequent listening to in case HC/SUM 940/2025 to July 15, 2025, at 7:30 AM IST, with a reserve date of July 16. This follows the court docket’s current approval permitting WazirX to current additional arguments concerning its restructuring plans.
Initially set for July 10-11, the date change was confirmed by WazirX in a current publish on X, providing a small but important replace to 1000’s of affected customers awaiting readability.
📢 Replace on Proposed Scheme of Association
The Singapore Courtroom has scheduled the listening to for additional arguments in HC/SUM 940/2025 on 15 July 2025 at 7:30 AM IST (10:00 AM SGT) with a reserve date set for 16 July 2025, if wanted (as an alternative of 10 July 2025, with 11 July 2025 as… pic.twitter.com/Vp2XWTiCJK
— WazirX: India Ka Bitcoin Alternate (@WazirXIndia) June 27, 2025
Courtroom Directs Submitting Earlier than Listening to
The court docket has ordered WazirX to submit a supplemental affidavit and written submissions by July 4, 2025, indicating a want to evaluate new documentation earlier than the listening to. Whereas WazirX has not disclosed specifics, it acknowledged:
“We’re at present awaiting particulars concerning attendance on the listening to from the Courtroom, and can share extra data when the Courtroom supplies us with the main points.”
Neighborhood Nonetheless Awaits Solutions After $234M Hack
Regardless of this procedural progress, WazirX has but to publicly acknowledge the $234 million hack that worn out thousands and thousands in person funds. Customers proceed to boost questions on accountability and refund timelines, particularly as restructuring inches ahead.
93% Collectors Authorized Restructuring – However No Phrase from CEO
Earlier this yr, 93% of voting collectors authorized WazirX’s restructuring plan, a vital step ahead. Nonetheless, co-founder Nischal Shetty has remained silent, whilst customers flood his social media asking for updates. The corporate has supplied no reassurance on potential refunds or the roadmap forward.
Why This Listening to Issues
This July 15 listening to may very well be a turning level. The court docket’s resolution will possible affect the platform’s operational future, and whether or not customers see any type of compensation. For now, all eyes stay on the court docket, as WazirX’s silence continues to frustrate its once-loyal person base.
