After a series of hearings, the Singapore High Court finally approved the restructuring plan on Oct. 13, 2025<\/strong> \ufffc. Under that plan, affected users are to receive recovery tokens and partial repayments from remaining assets (with a goal of making about \u20b94,000 crore accessible).<\/p>\n\n\n\n Approximately 25%<\/strong> of tokens will be enabled each day from Oct. 24 to 27, getting a fully operating platform by 27th Oct.<\/p>\n\n\n\n Source: Coingecko<\/em><\/strong><\/p>\n\n\n\n Currently the volume on the app is around $3.4Mn, <\/strong>apart from that the trust score is also showing 7\/10 <\/p>\n\n\n\n Let\u2019s be real there had been a number of security breaches that triggered financial troubles, for example:<\/p>\n\n\n\n Mt Gox almost lost 850k<\/strong> Bitcoin in 2014 then there is QuadrigaCX, whose founder scams and left $190Mn<\/strong> inaccessible. FTX collapsed in 2022 & Cryptopia was hacked in 2019, none of them have come back online & take the responsibility for the losses, but wazirX is the only exchange that has been able to get back on its feet again.<\/p>\n\n\n\n I myself lost a decent amount of funds and it was inaccessible for more than a year, but I got almost 80%<\/strong> of my funds back after the reallocation, which I thought I never will be getting!!<\/p>\n\n\n\n But people are having mixed feelings & Response about it and mostly its negative: <\/p>\n\n\n\n This is because there is still a significant shortfall. Reports estimate about 15% of funds remain missing <\/strong>after accounting for recoveries. This gap means some users will see permanent losses, which can hurt confidence. Adding to that some glitches are also present like some user\u2019s funds are still stuck or they have received much less allocations then it was showing in the reallocation meter. <\/p>\n\n\n\n Since a long time India\u2019s crypto landscape has been volatile: repeated exchange hacks and strict policies (30% Crypto Gain Tax & KYC rules) have made users wary. While the relaunch is welcome, it \u201cwill test whether India\u2019s retail crypto community still trusts local exchanges\u201d after past failures \ufffc \ufffc. (Indeed, WazirX itself acknowledges it must \u201crebuild trust\u201d in a market that was blown off \ufffc.) <\/p>\n\n\n\n In short, WazirX has taken bold recovery steps \u2013 major funding<\/strong>, new security partnerships with BitGo<\/strong>, and clear communication \u2013 to restore confidence. But the legacy of the hack means some users will need to see actual fund reimbursements before full trust returns. As CoinSwitch co-founder Ashish Singhal put it, the industry\u2019s priority should be \u201censuring that user funds are fully recovered and protected\u201d when evaluating exchanges \ufffc. WazirX\u2019s next months on the market will be a critical proof point: if it meets its withdrawal timeline and honors the restructuring promises, it could probably re-establish its reputation. <\/p>\n\n\n\n Conversely, any mishap or further delay could increase user distrust.<\/p>\n","protected":false},"excerpt":{"rendered":" Finally Indian traders can take a relief after a whole year of their funds being stuck. In late October 2025, India\u2019s WazirX crypto exchange announced…<\/p>\n","protected":false},"author":12,"featured_media":4429,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,154,195],"tags":[],"class_list":["post-4423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs","category-complaince","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/posts\/4423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/comments?post=4423"}],"version-history":[{"count":1,"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/posts\/4423\/revisions"}],"predecessor-version":[{"id":4430,"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/posts\/4423\/revisions\/4430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/media\/4429"}],"wp:attachment":[{"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/media?parent=4423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/categories?post=4423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tde.fi\/founder-resource\/wp-json\/wp\/v2\/tags?post=4423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/tde.fi\/founder-resource\/wp-content\/uploads\/2025\/10\/image-17.png\")
<\/figure>\n\n\n\nWhat is the effect of the Relaunch<\/h2>\n\n\n\n
![\"\"](\"https:\/\/tde.fi\/founder-resource\/wp-content\/uploads\/2025\/10\/image-19-981x1024.png\"){kind=spacer}
<\/figure>\n\n\n\n![\"\"](\"https:\/\/tde.fi\/founder-resource\/wp-content\/uploads\/2025\/10\/image-18-989x1024.png\")
<\/figure>\n\n\n\n![\"\"](\"https:\/\/tde.fi\/founder-resource\/wp-content\/uploads\/2025\/10\/image-21-912x1024.png\")
<\/figure>\n\n\n\n![\"\"](\"https:\/\/tde.fi\/founder-resource\/wp-content\/uploads\/2025\/10\/image-20-906x1024.png\")
<\/figure>\n\n\n\nConclusion<\/h2>\n\n\n\n