WazirX Set To Restart Trading After Year-Long US$ 235 Mn Hack

This article discusses WazirX’s plan to resume trading from 24 October 2025, after a ~US$ 235 million hack and a ~16-month shutdown. It explains that the relaunch follows a Singapore court-approved restructuring plan, with over 95% creditor support; trading will resume in phases with zero fees for crypto-to-crypto and USDT/INR pairs; a partnership with institutional custodian BitGo is part of the trust-recovery strategy. The article highlights the regulatory/compliance implications for the Indian crypto ecosystem and the importance of rebuilding user trust.