WazirX Recovery Token Allocation Completed Under Restructuring Scheme

WazirX Recovery Token Allocation After First 85% User Distribution

What happens after a crypto exchange survives a major hack and finally comes back online? For many users, the biggest question is simple: Will I get my money back over time?

WazirX has confirmed that Recovery Tokens have now been issued to all eligible users. This step was completed within the timeline promised under its court-approved restructuring plan.

Source: X (formerly Twitter) 

Recovery Tokens Have Now Been Issued to Users

As part of the restructuring scheme WazirX has issued Recovery Tokens within 60 business days of restarting the platform. Users can already see these tokens in the Funds section of the app.

The WazirX Recovery Token Allocation follows a fair system. Tokens are issued on a pro-rata basis, which means each user receives RTs based on the size of their approved claim. No one is given special treatment, and no manual changes are made.

At the moment, these RTs cannot be traded. They are not meant for quick selling or buying. Instead, they represent your right to receive future recoveries, depending on how much money the company is able to recover or earn over time.

What Are Recovery Tokens (RTs)?

Think of RTs as a promise for future payouts.

After the hack, not all funds could be recovered immediately. Some assets are illiquid, and some recoveries take time. The Allocation ensures that people remain part of the process even after the first refund.

• Every three months, the exchange will review how much money has been recovered. 

• If at least $10 million in usable value is available, part of it will be used to buy back RTs from users. That buyback becomes the next payout.

• If less than $10 million is recovered in a cycle, nothing is lost. The amount simply carries forward to the next cycle.

Source: Official Blog

How WazirX Reached This Stage After the Hack?

WazirX restarted trading and withdrawals on October 24, 2025, after being offline for nearly 15 months. The shutdown followed a large cyberattack in July 2024 that affected a major wallet used by the exchange.

The restart was possible only after the Singapore High Court approved restructuring plan. Under this plan, users first received about 85% of their approved balances within 10 business days of reopening.

The allocation now covers the remaining portion, which will be paid gradually over time instead of all at once.

They also partnered with BitGo, a US-based crypto custodian, to improve asset security and protection to prevent future incidents.

What does this mean for users going forward? 

WazirX Recovery Token Allocation includes:

• You remain in all recoveries that will be made in the future

• Any new value recovered shall be divided up equitably

• You won't miss out when recoveries happen later

• You might get flexibility if ever the RTs become tradable in the future

Users can view their allocated RTs at any time by opening the WazirX app and navigating to the Funds section.

Final Thoughts

Completion of the WazirX Recovery Token Allocation is, therefore, a meaningful step forward. Trading has gone live once again; most funds have already been returned, and RTs ensure that users remain part of every future recovery.

While the process is not instant, it is structured, transparent, and ongoing. For many users, this marks the start of a more stable and hopeful next phase after a long and difficult period.

Disclaimer: This article is for informational purposes only and not a financial advice, kindly do your own research before investing in crypto markets.