This is a Singapore news story, published by CoinGape, that relates primarily to WazIRX news.
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new company ZensuiCoinGape
•Business
Business & Economics
69% Informative
Singapore High Court rejects WazirX restructuring proposal for restructuring scheme.
Singapore Court on Wednesday rejected the exchange management’s proposal for a restructuring scheme, citing “lack of transparency” from parent entity Zettai Pte Ltd that represented the petition.
The Singapore government recently passed an order making it mandatory for companies catering crypto services to foreign clients to register themselves.
WazIRX has now claimed to the Singapore Court that they are shifting base to Panama under a new company name Zensui ’. The full written order expected to be published in the next 3-4 days .
VR Score
50
Informative language
38
Neutral language
40
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Source diversity
4
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