Shocking! The WazirX hacker compensation case has been postponed again, leaving victims in suspense over the return of their funds!

After suffering a substantial blow of $230 million last year, the Singapore High Court held a hearing on May 13, 2025, regarding the final ruling on hacker compensation, which has been delayed once more. The court extended the deadline for claims until June 6, requiring WazirX to submit additional evidence by May 23, and users continue to wait.

The compensation plan has majority support from users, but concerns remain.

WazirX's restructuring plan has received approval from 93.4% of users, promising compensation of up to 85% of the stolen assets. Once approved, compensation is expected to begin within 10 working days. However, the fate of the remaining 15% of funds remains unclear, and users continue to feel anxious about the platform's slow response and ongoing uncertainty.

A review of the shocking event: The aftermath of India's largest crypto hacking case is still unresolved.

In July 2024, WazirX experienced the largest hacking attack in Indian history, with approximately 20 billion rupees worth of assets evaporating in an instant. The exchange was forced to freeze over half of its users' assets and suspend trading, severely impacting user confidence. Now, with the court's ruling still pending, the road to compensation remains long, and victims' hopes are hanging by a thread.