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Update on Proposed Scheme of Arrangement – 24th June, 2025

By June 24, 20251 minute read

Dear Tribe! 🙏

The Singapore Court has granted our request to present further arguments in our application for the Court’s sanction of the proposed Scheme of Arrangement. Additionally, the Court has extended the moratorium granted in HC/OA 1284/2024 from 6 June 2025 until the disposal of the aforesaid further arguments.

We are currently awaiting directions from the Court on the next steps and will keep you informed as soon as we have more clarity.

Thank you for your continued patience and support. We remain committed to doing everything we can for our community 🙏

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.
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