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WazirX slams external forces for delaying restructuring efforts

WazirX slams external forces for delaying restructuring efforts

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Source: Coin Telegraph

This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.

Indian crypto exchange WazirX has criticized external forces that it claims are deliberately hindering its recovery efforts.

The criticism came after the exchange announced a comprehensive restructuring plan designed to restore financial stability and enhance the security of its users’ assets. 

In the public statement on X, WazirX criticized unnamed external parties for allegedly attempting to prolong the restructuring process. The exchange claimed that the entities are motivated by a desire to maintain uncertainty and complicate the resolution WazirX has been striving to achieve since it was hacked. 

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Author: Amaka Nwaokocha