WazirX, a major cryptocurrency exchange, has received a four-month conditional moratorium from Singapore courts following a significant hack that resulted in the loss of over $230 million—about 45% of its customers' funds. The court granted this temporary relief after WazirX sought a six-month moratorium under the Insolvency, Restructuring, and Dissolution Act. Key conditions include disclosing wallet addresses and financial records within six weeks, which aims to rebuild trust among users and creditors. Despite WazirX’s proactive steps, concerns remain about the full recovery of lost funds for customers.