How will Zettai ensure the buyback of Recovery Tokens and maximize creditor recoveries over the next three years?
What is WazirX’s plan for returning funds to users who deposited after the cyberattack?
What measures were taken to expedite rebalancing?
Why is WazirX planning new business initiatives alongside distributing funds to creditors?
How can creditors withdraw their funds under the Scheme?
What is the expected timeline for the creditors and the court's approval of the restructuring scheme? When can creditors expect to receive their funds?
Why are 33% of locked WRX tokens included in the calculation displayed in the Rebalancing Calculator?
Is the USD 30m Cost Reserves an expansion of the initial USD 12m fund?
Why is the USD30m Cost Reserves critical for recovery?
How are profits managed until the USD30m Cost Reserves are recovered?

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Why is WazirX planning new business initiatives alongside distributing funds to creditors?

Akshay

January 03, 2025 11:49

Zettai is committed to maximizing recoveries for Scheme Creditors. In addition to the First Distribution of rebalanced Net Liquid Platform Assets within 10 Business Days after the Scheme is effective, Zettai is focused on reactivating the Platform, recovering Illiquid Wallet Assets and Stolen Assets, and pursuing potential new business initiatives to enhance creditor recoveries further.