WazirX has received approval for its restructuring plan, bringing much-needed relief to victims of a $230 million hack. This decision follows a significant re-vote where an overwhelming majority of creditors supported the plan, with 95.7% by number and 94.6% by value in favor. This development is crucial as it not only helps restore confidence in the platform but also paves the way for affected users to potentially recover their losses.

The Singapore High Court has approved WazirX's restructuring plan following a significant $234 million hack, allowing the cryptocurrency exchange to resume operations and start compensating over 150,000 affected users. This decision is crucial as it not only helps restore trust in WazirX but also provides much-needed relief to its users who have been waiting for resolution after the hack.