<ul><li>Singapore High Court rejected WazirX's proposed restructuring plan submitted by its parent company Zettai Pte Ltd.</li><li>WazirX suffered a $235 million cyber theft in July, affecting nearly 4.4 million Indian users.</li><li>The rejection was prompted by WazirX's failure to disclose details about its Panama-based entity during the restructuring process.</li><li>The company plans to appeal the decision and remains focused on distributions, stating that NLPA assets are safe.</li></ul>

Singapore HC Rejects WazirX Restructuring Plan

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