WazirX forms Committee of Creditors as 13% of users claim to 92% of funds

Indian crypto exchange WazirX will form a Committee of Creditors (COC) by October 9. It will treat all users with crypto balances at the time of the $230 million hack as contingent unsecured creditors. While the COC will provide feedback and monitor the restructuring process, the company is not obligated to integrate its recommendations. Cryptopolitan […] source: https://www.cryptopolitan.com/wazirx-committee-creditors-users-funds/