In a potential restructuring, the value of Zettai’s assets, including tokens such as Bitcoin, Ethereum, and others, are consolidated, and any recovery is shared equitably among all unsecured creditors. We will continue to seek advice from our financial advisors as well as input from the creditors on the most beneficial way forward.
Articles in this section
- What is a Trust Arrangement?
- What is an Unsecured Claim?
- How the Restructuring works?
- What if a Restructuring Fails?
- What happens if the moratorium is not granted?
- Do all 4.28M of the unsecured contingent creditors need to vote in the scheme voting process?
- Why is there a discrepancy between the BTC holdings stated in the affidavit and those held in the wallets?
- What is the rationale behind the moratorium application to the High Court of Singapore, and what specific relief is being sought?
- Will Zettai prioritize a few creditors over the others?
- Why should users bear the legal costs associated with the cyberattack and restructuring process?