According to TechFlow, on October 17, Decrypt reported that WazirX, which claims to be the largest cryptocurrency exchange in India, is undergoing debt restructuring and plans to submit an affidavit to the Singapore High Court to disclose 240,000 wallet addresses and balances. WazirX said the disclosure is intended to rebuild trust by providing an unfiltered view of its operations, ensuring that creditors and users are notified before any legal documents are filed.

Previously, the exchange suffered a cyber attack in July, losing $230 million and preventing users from accessing funds. The exchange has been working to repay debts to customers.