WazirX, the Indian crypto exchange, has exited Singapore after the High Court rejected its restructuring plan following a $234.9 million hack linked to North Korea’s Lazarus Group. The court cited regulatory non-compliance and lack of transparency. In response, WazirX rebranded as Zensui and moved operations to Panama, seeking a more favorable regulatory environment. Its proposed recovery plan, including phased repayments and compensation tokens, is now uncertain. The company claims user assets remain unaffected, but the move raises questions about compliance and user trust. This shift highlights the legal and regulatory challenges crypto firms face across jurisdictions amid tightening global oversight.
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RAIN
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BCH
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USDE
$0.999562
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GRAM
$1.36
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Mkt Cap $2.31T
BTC Dom 56.65 %
BTC
$65,075.00
▲ +0.20%
ETH
$1,923.50
▲ +0.20%
USDT
$0.99937
▲ +0.00%
BNB
$604.22
▲ +2.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.37
▲ +3.30%
TRX
$0.328722
▲ +0.40%
FIGR_HELOC
$1.04
▼ -2.90%
HYPE
$55.12
▼ -1.40%
DOGE
$0.071335
▲ +1.80%
USDS
$0.999862
▲ +0.00%
RAIN
$0.012652
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$506.84
▼ -1.10%
ADA
$0.199834
▼ -0.10%
XMR
$384.55
▲ +4.30%
WBT
$56.28
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.165333
▲ +3.20%
DAI
$0.999749
▲ +0.00%
BCH
$217.20
▲ +0.60%
USD1
$0.999567
▲ +0.00%
USDE
$0.999562
▲ +0.00%
GRAM
$1.36
▲ +1.50%
BTC
$65,075.00
▲ +0.20%
ETH
$1,923.50
▲ +0.20%
USDT
$0.99937
▲ +0.00%
BNB
$604.22
▲ +2.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.37
▲ +3.30%
TRX
$0.328722
▲ +0.40%
FIGR_HELOC
$1.04
▼ -2.90%
HYPE
$55.12
▼ -1.40%
DOGE
$0.071335
▲ +1.80%
USDS
$0.999862
▲ +0.00%
RAIN
$0.012652
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$506.84
▼ -1.10%
ADA
$0.199834
▼ -0.10%
XMR
$384.55
▲ +4.30%
WBT
$56.28
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.165333
▲ +3.20%
DAI
$0.999749
▲ +0.00%
BCH
$217.20
▲ +0.60%
USD1
$0.999567
▲ +0.00%
USDE
$0.999562
▲ +0.00%
GRAM
$1.36
▲ +1.50%
Mkt Cap $2.31T
BTC Dom 56.65 %
BTC
$65,075.00
▲ +0.20%
ETH
$1,923.50
▲ +0.20%
USDT
$0.99937
▲ +0.00%
BNB
$604.22
▲ +2.20%
USDC
$0.999631
▲ +0.00%
XRP
$1.05
▲ +1.90%
SOL
$76.37
▲ +3.30%
TRX
$0.328722
▲ +0.40%
FIGR_HELOC
$1.04
▼ -2.90%
HYPE
$55.12
▼ -1.40%
DOGE
$0.071335
▲ +1.80%
USDS
$0.999862
▲ +0.00%
RAIN
$0.012652
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$506.84
▼ -1.10%
ADA
$0.199834
▼ -0.10%
XMR
$384.55
▲ +4.30%
WBT
$56.28
▲ +0.20%
LINK
$8.34
▲ +0.50%
XLM
$0.165333
▲ +3.20%
DAI
$0.999749
▲ +0.00%
BCH
$217.20
▲ +0.60%
USD1
$0.999567
▲ +0.00%
USDE
$0.999562
▲ +0.00%
GRAM
$1.36
▲ +1.50%
