Ahead of critical voting, WazirX is set to hold a YouTube session to discuss the voting process with users.
Preparation for WazirX Voting
The WazirX exchange management is preparing to conduct a vital townhall session on YouTube. The session, scheduled for 5:30 pm IST on Monday, is expected to share key details about the voting process affecting its 4.4 million users.
Portfolio Recovery Plans
If the proposed restructuring scheme by WazirX management is approved by a majority, the exchange pledges to restore at least 85% of user portfolios by April-May 2025. This follows a cyber attack of Rs 2000 crores that occurred almost 10 months ago. The remaining 15% of user funds is planned to be restored over the next 3-4 years.
Where to Watch the Session
WazirX users can watch the live townhall session on YouTube via the provided link.
The WazirX session is poised to be significant for its millions of users, detailing crucial information and future plans.