According to news on January 10, Indian cryptocurrency exchange WazirX suffered a $235 million cyber attack in July 2024. The company announced a restructuring plan aimed at compensating affected users. Zettai, the parent company of WazirX, applied to the Singapore High Court in August 2024 for a debt moratorium and proposed restructuring under a Singapore scheme of arrangement. As of December 2024, WazirX reported liquid assets of $566.38 million, exceeding the total user-submitted claims of $546.47 million in USDT in July 2024.