Overview
- The revote held July 30–August 6 delivered 95.7% approval, representing 94.6% by value of approved claims.
- The amended scheme moves withdrawal responsibility to Indian entity Zanmai Labs from Singapore-based Zettai.
- WazirX has filed for sanction with the Singapore court ahead of schedule, with the next hearing listed for August 26.
- If approved, the exchange says trading and withdrawals would restart within 10 business days of the scheme taking effect.
- The push follows a July 2024 hack that stole roughly $230–$235 million, attributed by the U.S. to Lazarus Group, as India’s Delhi High Court orders disclosure of the original Binance agreement and related filings.