WazirX users affected by the July hacking incident may face a longer wait for clarity on compensation. In a recent update, Zettai announced plans to present its proposed financial restructuring scheme to the Singapore Court on January 22, 2025. Zettai, the Singapore-registered entity managing WazirX’s crypto assets, oversees the Indian exchange, which lost over $230 million (roughly Rs. 1,900 crore) in the July 18 attack. Since the hack, WazirX has yet to fully restore its services and continues to face intense criticism on social media. In a statement to Gadgets 360, Zettai confirmed it is awaiting Singapore Court approval to present its restructuring scheme to creditors. This means WazirX creditors may have to wait at least another month before any compensation is disbursed. If the court allows the proposal to proceed, the scheme will require at least 75 percent approval from creditors to take effect. Only with this majority vote will the restructuring plan be implemented. Amid mounting criticism, WazirX has disabled comments on its posts on X. :loudspeaker: The Road Ahead We’re moving step-by-step …