WazirX just gave users a reason to feel a bit more hopeful. In a recent tweet, they said their restructuring plan is moving ahead as planned. A key court hearing is set for May 13, 2025, in Singapore, and they’re staying on track with the timeline they shared earlier.
Once the court approves the plan, the first repayments will happen within 10 business days. That’s good news for users who’ve been waiting to get their funds back. WazirX also said withdrawals and trading will restart gradually, depending on regulatory rules, though they haven’t shared exact dates yet.
Yesterday, founder Nischal Shetty jumped in on X to clear up rumors about delays. He said the next step is court approval, and they’re focused on making it happen. “We’re on track,” he wrote, asking users to ignore the noise and stay patient. He promised more updates soon.
For WazirX users, this feels like progress. While it’s not the complete solution, having a court date and a repayment timeline is a relief. People have been stressed, but these steps show things are moving ahead. There’s hope now, and though the wait isn’t over, users can see a light at the end of the tunnel. It’s a small update, but it matters.
Also Read: Crypto not Goods nor Services: WazirX case dismissed by Forum
