WazirX Hack Recovery: Court Review Set to Provide Relief for Users

Following a significant security breach that exposed WazirX users to losses of ₹2,000 crore in July 2024, the Singapore High Court will review the exchange’s recovery plan. This development brings much-needed hope to thousands of affected users who have been waiting for compensation since the hack. The plan aims to return 85% of stolen funds to users based on their holdings before the incident. WazirX has also received support from its community, with over 93% approving of the recovery strategy.