Wazirx -ഇൽ നിന്ന് പൈസ കിട്ടുവോ?

 ⚡️ Will This Revote Unlock Funds?

After losing over $230M in India’s biggest crypto hack, WazirX is giving users one last shot to recover their funds.

A new revote is happening now, and if approved, 85% of assets could be returned in just 10 days.

Over 4 million Indians are watching closely as the crypto exchange tries to rebuild trust. The plan has changed, and it might just work.

🔍 Key Points:

• 2024 hack drained ₹2000 crore; Lazarus Group blamed by blockchain firms

• 4.4 million users affected by wallet freeze – unable to withdraw or trade

• March vote saw 93% approval – court rejected due to parent company secrecy

• Revote active: July 30 – August 6, 2025 – updated plan involves Indian entity

• If approved: 85% crypto refunded in 10 business days via Zanmai Labs

• Remaining 15% via future profits and "recovery tokens"

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📰 What’s New? 

The Singapore High Court initially blocked the March recovery plan after discovering that WazirX’s parent firm had shifted base to Panama without informing users or the court.

Now, the new proposal includes WazirX's Indian arm, Zanmai Labs, to manage fund distribution and platform reopening.

\WazirX held public webinars to explain the changes and urged users to participate in the revote.

🚨 Why It Matters:

• This was India’s largest crypto hack, shaking investor confidence nationwide

• Over 4 million users still don’t have access to their funds after one year

• Supreme Court dismissed user petitions citing no clear crypto regulation

• WazirX pledges transparency: future audits and security upgrades announced

• Could become a model case for crypto crisis management in India

⏭️ What’s Next?

• Voting ends August 6; independent team to verify and submit results

• Mid-September: Court hearing to approve or reject the amended plan

• YES vote means refunds begin within 10 days post-approval

• NO vote could lead to bankruptcy and legal entanglement with fewer returns

• Community feedback is mixed – some hopeful, others skeptical

🧠 Crypto Mafia Summary:

• WazirX’s ₹2000 Cr hack left 4.4M Indians stuck — now a make-or-break revote (till Aug 6) could unlock 85% of their funds in 10 days if the court says yes. Miss it, and liquidation danger looms.