ChainCatcher news, according to Decrypt, WazirX plans to submit over 240,000 wallet addresses and balances to the Singapore High Court during its debt restructuring, aiming to enhance transparency and restore user trust.Previously, the exchange had frozen user funds due to a $230 million network attack in July and suspended most cryptocurrency withdrawal services. WazirX is currently undergoing legal restructuring and is working to restore user access and return funds.

ChainCatcher message, according to Cointelegraph, FTX debtors submitted a revised reorganization plan. According to the plan documents, the value of the debt will be determined by converting the value of the crypto assets into cash at a specified conversion rate based on the token value as of November 11, 2022.

ChainCatcher news, Vauld co-founder Darshan Bathija tweeted that the debt restructuring plan for the cryptocurrency lending platform Vauld has been approved by the Singapore court.As part of the plan, the current board will appoint a new CEO, a creditor representative, and a plan manager. Customers are currently resubmitting their KYC information.

ChainCatcher news, Gemini co-founder Cameron Winklevoss posted on Twitter an "ultimate offer" regarding the bankruptcy debt restructuring negotiations of the digital asset company Genesis. After months of negotiations and mediation, a $1.5 billion deferred payment and new loan plan has been reached. The plan requires $1.465 billion in payments and loans denominated in USD, Bitcoin, and Ethereum, with a deadline for the deal set for 4 PM local time on July 6.Previously, Winklevoss posted an open letter to DCG founder Barry Silbert on Twitter, expressing regret over DCG's failure to present a satisfactory plan to repay Genesis creditors. Additionally, DCG has yet to pay Genesis $630 million. (source link)

ChainCatcher news, Bitcoin mining company Greenidge Generation (GREE) has signed a non-binding term sheet with its lender NYDIG to restructure $74.7 million in debt. According to the agreement, NYDIG will purchase Greenidge's Bitcoin mining machines with a hash rate of 2.8 EH/s, and NYDIG will agree to reduce the debt by approximately $57 million to $68 million. (source link)