It has been over a year since WazirX suffered the ₹2,000 crore hack. Even after more than 14 months, many users still cannot access their funds. The latest directions from the Singapore High Court show that the recovery process is slow, with new timelines set for filings in the ongoing legal dispute between Zettai Pte Ltd and certain creditors.
Replacement affidavit needed
At the hearing of HC/SUM 940/2025 on September 3, the court also directed the Relevant Non-Parties, a group of opposing creditors, to file a proper Indian law expert affidavit after their earlier submission failed to comply with its instructions.
The court has directed the Relevant Non-Parties to file a replacement affidavit by September 19, 9:30 AM IST. If filed on time, Zettai Pte Ltd must submit its reply affidavit by September 22, 2 PM SGT / 11:30 AM IST. Both parties are then required to file their written submissions by September 26, 2 PM SGT / 11:30 AM IST.
Despite these directions, the court has not fixed a further hearing date at this stage. Importantly, these instructions only apply to Zettai and the Relevant Non-Parties — no action is required from other WazirX users at this point.
WazirX shared this update on their official X account at 4:18 PM IST, after the deadline had already passed. Many users have stated that they were not informed about the timelines through official emails. It is not clear whether the update was meant only for the parties directly involved in the filings or if regular users and other creditors were supposed to take note as well.
Investor concerns
The WazirX case is keeping users on edge. Even after a year since the ₹2000 crore hack, a large number of investors have their funds locked. The court has given new deadlines for filings, but there is still no word on when users will get their money back.
WRX market update
WazirX’s token WRX is currently trading at $0.05084, down 3.47% in the past 24 hours. The token’s market cap is $19.41 million, with a 24-hour trading volume of $32.58K, as per data by CoinMarketCap.
The case is still drawing attention, as thousands of users are yet to access their funds. Investors are watching the updates closely, hoping to know when they will get their money back.
Also Read: Is a Key Signature Still Holding Back WazirX’s Recovery Plan?
