According to BlockBeats, on September 1, WazirX announced that it plans to hold its first Townhall meeting at 16:00 on September 2 to discuss the reorganization and the Moratorium Application.

BlockBeats previously reported that on August 28, according to official news, Indian crypto trading platform WazirX announced on Wednesday that it had requested six months from the Singapore High Court to restructure its debt. This move will trigger a 30-day automatic moratorium. The hearing date for the court to decide whether to approve the moratorium has not yet been determined.