WazirX has taken a significant step towards recovery by issuing Recovery Tokens to eligible users affected by the 2024 hack. As emphasized in the official statement, this initiative is part of the exchange's broader restructuring plan aimed at restoring user confidence and reclaiming lost funds.
Official Issuance of Recovery Tokens
The Recovery Tokens were officially issued on January 9, 2026, adhering to the 60-business-day timeline set forth in the restructuring scheme. Users can now check their token allocations in the Funds tab of the WazirX app, which reflects a pro rata distribution based on the size of each user's approved claim.
Potential Recovery of Locked Funds
This development allows users to potentially recover between 75% and 80% of their locked funds over time, contingent on the platform's future profits and successful asset recoveries. The issuance of these tokens represents a crucial milestone in WazirX's ongoing recovery efforts, especially following the platform's restart in late October of the previous year.
On January 10, 2026, WazirX announced the issuance of recovery tokens to eligible users, marking a significant step in their recovery efforts following the 2024 hack. For more details, see the full report here.
