Is WazirX Actually About to Fix Everything? 🤔

Alright, so WazirX is making a big fuss about this “restructuring plan” that’s apparently on track. Yeah, sure, I’ve heard that one before. But here’s the kicker: they’ve got a court date set for May 13, 2025, in Singapore. Because, you know, if there’s one place I want to place my hopes and dreams, it’s in a courtroom scheduling hearing. 🤷‍♂️

They’re all giddy on social media, filing their fancy Sanction Application with the Singapore Court—like that automatically makes everything better. They’re promising that, once the judge gives the green light, the first repayments will show up in 10 business days. Ten days, folks—assuming no one sneezes in the courtroom and sets us back another month. 🤧

And then there’s Nischal Shetty. He’s on X—formerly known as Twitter, because that wasn’t confusing enough—addressing rumors left and right. He insists things are peachy, they’re “on track,” and we should all just calm down, take a deep breath, and ignore the chaos. Easy for him to say; he’s not the one checking his account balance every five minutes like it’s the last slice of pizza in the fridge.

Anyway, devotees of WazirX have been sweating bullets over their funds. Now, there’s a faint light at the end of this tunnel—though, let’s be honest, could just be a guy with a flashlight. But hey, we’ll take what we can get, right? Progress is progress, even if it’s moving slower than a DMV line. At least there’s some sign of life, which is more than we could say before. 🤞

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2025-04-12 13:11