WazirX Hearing Rescheduled to July 15 2025 After Court Approves Additional Arguments

Generated by AI AgentCoin World
Friday, Jun 27, 2025 8:57 am ET1min read

The Singapore High Court has rescheduled the next hearing for WazirX’s case, HC/SUM 940/2025, to July 15, 2025, at 7:30 AM IST, with a reserve date of July 16. This change comes after the court approved WazirX’s request to present additional arguments regarding its restructuring plans. The original hearing dates were July 10-11, 2025. WazirX announced the new schedule in a recent post on X, providing a crucial update to its users who are awaiting clarity on the situation.

The court has instructed WazirX to submit a supplemental affidavit and written submissions by July 4, 2025. This directive suggests that the court is eager to review new documentation before the hearing. WazirX has not provided specific details about the new submissions but has stated that it is awaiting further instructions from the court regarding attendance at the hearing.

Despite the procedural advancements, WazirX has not publicly addressed the $234 million hack that resulted in significant losses for users. Users continue to seek answers about accountability and the timeline for potential refunds as the restructuring process progresses.

Earlier this year, 93% of voting creditors approved WazirX’s restructuring plan, marking a significant milestone. However, co-founder Nischal Shetty has not made any public statements, leaving users frustrated as they seek updates on social media. The company has not provided any reassurance regarding potential refunds or the future roadmap.

This upcoming hearing on July 15 could be pivotal. The court’s decision will likely shape the platform’s operational future and determine whether users will receive any form of compensation. As of now, all attention is focused on the court, as WazirX’s silence continues to frustrate its once-loyal user base.

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