#WazirX to pay back 80% of stolen funds, but trust issues linger 🤔

The Singapore High Court has okayed WazirX’s plan to repay 75-80% of the funds lost in the hack. This restructuring, approved on Jan. 23, 2025, under the Companies Act, is meant to help victims recover their money and avoid the exchange shutting down completely.

The court found no foul play by WazirX in the hack, but not everyone’s convinced. Many affected customers are still wary, despite the court-approved payout plan.
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