WazirX to Relaunch on October 24 with Zero Trading Fees After $234M Hack and Court-Approved Restructuring

Indian crypto exchange WazirX is set to resume operations on October 24 with zero trading fees across all markets, marking its return more than a year after a $234 million hack. The hack remains as one of the largest in crypto history. Supported by 95.7% of its creditors, the exchange’s Singapore court–approved restructuring plan paves the way for reopening access to 6.6 million users locked out since the July 2024 breach linked to North Korean attackers. WazirX is also preparing to issue Recovery Tokens to compensate affected creditors, with distributions scheduled to begin after operations restart. INR withdrawals are already active, while crypto trading and withdrawals are set to go live on Friday.