Crypto Exchange WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as Rival CoinSwitch Weighs Legal Action

Shetty provided a breakdown of the user balances on the platform as of 18 July, the date on which the exchange froze withdrawals. It showed that WazirX held $570,068,358 million for 4,353,299 users, 94% of whom are from India. WazirX still holds $284 million.