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Our journey has not been short of Roller Coaster RIDE so far. We are grateful for our users’ unsteady support and commit to them to bring the best solution to them. After confronting Cyberattack, we travel to have one of the fastest processing of Crypto history recovery. Thank you all those who stood by us.
Because the voting process is over, we have moved closer to another key time. The first distribution. The result of the voting will form the future of the platform and the community.
To remain faithful to our commitment to transparency, we have recently completed the independent inspection of the Platform Assets and Platform. We hope that this independent test reflects our commitment to identify the user’s center-to-date decision-making. Your trust has been our spine in us.
As the voting process is over, all votes will be securely formed and will be prepared for the next important stepcheckA number of this indicates the end of the significant stage where users reported their position on the arrangement scheme.
Here’s what is followed by this journey.
Independent Assessor # 1 Vote Check
Zettai will officially submit votes to an independent appraiser for verification. This step ensures complete transparency and accuracy in the voting process. Each voting votes will be detailed to maintain the integrity of the process.
# 2 Independent Assessor Check Report
After a thorough study, an independent assessor will present an official inspection report to Zetlair and the Scheme Manager. This report will confirm the legitimacy of the votes and ensure that the results reflect the real consensus of users.
# 3 Notices to Lenders on Report Results
After the inspection process is over, Zetai will notify the creditors of all schemes. This notice will not only announce the final results of the voting, but also provide instructions on how creditors can enter and reconsider them for complete transparency.
# 4 The court session of Singapore to become effective for the scheme
According to the results of the inspected voting, the next step will be legal ratification. The screening of the scheme will be presented at the Singapore court hearing. Based on the scheme and voting results, the court will give the final verdict that will satisfy the structural recovery process.
# 5 The first distribution will begin April / May 2025
The first distribution will start within 10 working days of the scheme of legal entry into force. This will be the main step of our resumption journey, ensuring that users receive their assets according to the arrangement scheme.
# 6 Commercial Resumes and Bullet for Childbirth
Returning to the platform with stability trade will gradually resume. We will also initiate a result of crypto withdraws, which will take place in stages, ensuring compliance of regulatory guidelines using the user’s access to priority.
# 7 Placement of Recovery Signs (within 60 working days)
Recovery Signs offer creditors’ recovery, potential benefits from the restoration of additional assets and overall surpluses. The RTS will be provided on a pro-ratural basis, which can also have a trade functionality. Their pricing is designed to ensure that any direct market-based creditors are based.
# 8 DEX operation
As part of our vision to build a stronger, more durable ecosystem, decentralized exchange (DEX) will begin. We want to strengthen users with decentralized commercial capabilities while strengthening the safety and autonomy of the platform.
Our commitment to the future
We have always believed that our strength comes from our tribe. Therefore, every decision we made and took over every step, is aimed at restoring trust, ensuring the user’s assets and the provision of a stronger return.
We only don’t want to recover what they lost. We want to build something even better.
The trip is not over yet, but together we move forward. Stay adjust our next steps for more updates.
Refusal. Cryptocurrency is not a legal competition and is currently unresolved. Kindly ensure that you value sufficient risk when they trade cryptic actions, as they are often subject to high volatility of prices. The information provided in this section does not present investment advice or a formal Wazirx position. Wazirx reserves the right to change or change this blog post at any time and for any reason and any reason.
