WazirX says trust is back, but 15% of hack claims remain locked in unsellable tokens
- —July 18, 2024 hack drained an estimated $230–235 million from a Liminal-managed multisig wallet
- —Trading resumed Oct. 24, 2025; eligible users got about 85% of claims valued at July 2024 prices
- —1 billion Recovery Tokens were issued on Jan. 9, 2026; no buyback has been announced
- —At $10 million per cycle, repaying the ~$82 million balance would take more than two years
Why it matters: WazirX creditors remain locked out of roughly 15% of their funds, with repayment tied to undisclosed future exchange profits.
Source: The Crypto Times