**WazirX Faces External Obstacles Amid Restructuring Efforts**
WazirX, a top Indian crypto exchange, recently aired its frustrations on social media, accusing unnamed external forces of hindering its recovery. The exchange is in the midst of a major restructuring plan aimed at financial stability and enhanced security.
Key Points:
- WazirX claims external parties are deliberately complicating its recovery process.
- The exchange is set to reinstate INR withdrawals starting Monday, Aug. 26.
- Withdrawal fees will be slashed by 60% to ease user burdens.
- Legal recourse is being pursued in Singapore, with a court-approved Scheme of Arrangements.
- The restructuring follows a major hack on July 18, affecting $234 million in investor funds.
Stay tuned for more updates on WazirX's journey to recovery.