On September 1st, WazirX posted on X that it plans to hold its first Townhall meeting at 16:00 on September 2nd to discuss the proposed reorganization and Moratorium Application. Previously, WazirX announced this Wednesday that it has requested six months from the Singapore High Court to restructure its debts. The move will initiate an automatic suspension order for 30 days. The hearing date for the court to decide whether to grant the suspension order has not yet been determined. The suspension order will provide Zettai with breathing space for it to restructure, which is the most efficient way to resolve users' cryptocurrency balances on the platform and facilitate users' recovery.