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WazirX Resumes Operations with Recovery Token Issuance After Hack

WazirX Resumes Operations with Recovery Token Issuance After Hack

Author:

Global Cryptocurrency

Published:

2026-01-10 12:27:02

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BTCCSquare news:

WazirX has completed its first major milestone in restructuring by issuing recovery tokens to users following its October 2025 relaunch. The exchange distributed 85% of approved claims within 10 business days of reopening, valuing assets at pre-hack reference prices. This initial payout mitigates losses while deferring remaining claims to future asset recovery processes.

The platform resumed trading with zero-fee incentives and phased reintroduction of INR pairs, prioritizing USDT liquidity. Court-mandated restructuring required these steps before pursuing further recovery mechanisms tied to platform profitability.

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