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WazirX Restarts Trading and Withdrawals Today After $230 Million Hack

A Singapore court-approved restructuring under Zettai enables a phased relaunch backed by new BitGo custody.

Overview

  • Trading reopens in stages from October 24 to 27, reactivating about 25% of tokens per day starting with crypto pairs and the USDT/INR market.
  • Users receive 0% trading fees for at least 30 days to help restore liquidity during the restart period.
  • Creditor remediation begins under the court scheme with token distributions and the issuance of tradable Recovery Tokens tied to future recoveries.
  • INR deposits and withdrawals are live, crypto withdrawals resume with trading, and platform assets are moving to BitGo’s insured institutional custody.
  • The comeback follows 95.7% creditor approval and Singapore High Court sanction, as some users flag payout discrepancies and Indian legal scrutiny persists.