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1/10/2025 10:55:36 AM (GMT+1)

Nischal Shetty missed a key court hearing in Singapore concerning the WazirX case, intensifying investor dissatisfaction and raising questions about his accountability in the platform's crisis ⚖️

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Nischal Shetty missed an important court hearing in Singapore, angering investors and increasing dissatisfaction with his leadership qualities. After a hacker attack on WazirX and a lawsuit filed through the company Zettai in Singapore, his absence at the court proceeding, where he was supposed to provide an affidavit, only worsened the situation. Investors see this as a breach of trust. WazirX plans to resume withdrawals by April 2025, and a creditors' meeting will take place on January 27.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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