WazirX Legal Battle Impacting WRX Price – Can a Recovery Roadmap Revive the Token?

The WazirX legal battle concerning the 2024 hack continues to weigh heavily on the WRX token’s price. Despite a proposed recovery plan that garnered support from over 93% of users, uncertainties surrounding the court’s decision and the timeline for full compensation have led to market uncertainty. This situation has also hindered WazirX’s progress in restoring user trust and navigating regulatory requirements. The article explores key points, including the status of the compensation plan, user sentiments, expert predictions, and potential future implications.