WazirX
WazirX says it has issued pro‑rata recovery tokens to all eligible users within its committed 60‑day window as part of a restructuring plan. The exchange also confirmed it has resumed operations.
WazirX founder Nischal Shetty confirmed the platform’s dispute with Binance has moved into formal litigation, raising fresh concerns about WRX and the exchange’s operational future. Investors are watching for potential impacts on liquidity, withdrawals and token value.
WazirX is restarting trading on October 24, 2025, after a year-long shutdown due to a $230 million hack. It will offer zero trading fees at launch and enhanced security through partnership with BitGo, aiming to restore trust within India's crypto community.
WazirX plans to resume operations following Singapore High Court approval of its restructuring plan. The exchange, which faced a $230 million hack in 2024, will compensate affected users and enhance security with a partnership with BitGo.