WazirX partners with Zodia Custody as custodian ahead of creditor voting

Embattled crypto platform WazirX on Monday partnered with virtual asset service provider Zodia Custody as a custodian, days ahead of scheduled voting on a scheme for asset distribution.

 

The crypto exchange’s partnership with a new custodian comes about eight months after it blamed its service provider, Liminal Custody, for a cyberattack that led to an alleged security breach, resulting in losses of over $230 million. Liminal had stated that its systems were not compromised.

 

The announcement comes at a time when creditors are tentatively scheduled to vote on the asset redistribution scheme between March 19 and 28.

 

WazirX said its