Dear WazirX Users,
You would have known that on 25 September 2024 and 26 September 2024, Zettai Pte Ltd’s (“Zettai”) solicitors attended a Zoom hearing for HC/OA 861/2024 (“OA 861”), which is Zettai’s application for a moratorium order, which would facilitate its efforts in developing a restructuring plan for the benefit the users.
The Court granted a 4-month moratorium, and also directed that Zettai provide its responses to the queries raised in the chat box at the hearing of OA 861. We circulated, in our emails dated 27 September 2024 and 30 September 2024, copies of the Zoom chat log and the Order of Court made in OA 861.
In accordance with the Court’s directions, we have prepared our responses to the queries. You may view the responses here.
Please also refer to our FAQ page here. If you have any specific inquiries, please do not hesitate to reach out to us at [email protected].
Thank you for your continued patience and support.
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
