WazirX Hack Recovery Plan Awaits Singapore Court Decision on May 13

The future of WazirX users’ stolen funds hangs in the balance as the Singapore High Court will review the exchange’s recovery plan on May 13th, 2025. The court’s decision could unlock a crucial first step towards restoring user funds following a $230 million heist in July 2024. If approved, WazirX promises to refund 85% of users’ stolen assets based on their holdings at the time of the hack, but the remaining 15% remains unallocated with an uncertain timeline for recovery.