based on materials from the site - By CoinPedia News
Recently, WazirX shared an important update about its ongoing legal proceedings in Singapore regarding the proposed settlement scheme. It filed its application on July 4, 2025, as mandated by the Singapore court. The next hearing for arguments is scheduled for July 15 at 7:30 AM IST, with July 16 reserved if necessary.
However, frustration is growing in the community. Users note that a year has passed without returns and clear answers, and now the exchange is calling for a possible re-vote. With the next hearing on July 15, many are asking: when will they finally get their tokens back?
July 18 marks the anniversary of the major hack. A year later, victims are still stuck in the same place they started, waiting without seeing any resolution.
Recently, just a few days before the anniversary of the hack on July 18, user Romi Johnson filed a passionate sworn statement of 40 pages, demanding the return of non-hacked funds. He accuses the company of hiding a Panamanian shell company and changing asset classifications. Now the main question is whether this serves justice or if more legal drama lies ahead.
Will justice be delayed for everyone?
However, one user warns that the sworn statement may further delay the recovery of the WazirX fund. He warns that this move could derail the entire recovery plan that has been developed to treat all users, hacked and non-hacked, fairly. If approved, it risks leaving 45% of users with hacked funds waiting even longer.
Previously, a similar sworn statement delayed the process in April. This could happen again, and thousands of users may suffer once more.
If the court rejects the scheme due to this new sworn statement, no one will receive anything, even those with non-hacked tokens. Although the petition claims to support users, it risks delaying fund recovery and creating division in the community. It suggests that if the intention is truly to help, cooperation should be the way forward.
He also added that the court should prioritize a fair resolution for all users, ensuring unity and timely fund recovery.
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