PANews reported on April 22 that according to Cointelegraph, due to the loss of $234 million in crypto assets in a hacker attack in July 2024, the Indian exchange WazirX is waiting for the Singapore High Court to rule on its restructuring and user compensation plan on May 13, 2025. If approved, the parent company Zettai will restart the platform and start compensation within 10 working days. More than 90% of creditors have supported the plan, and users will be compensated by issuing recovery tokens, and it is expected that 75%-80% of the account balance will be recovered.
According to the ruling of the Supreme Court of India, the user's lawsuit against WazirX and its partners has been dismissed .
