Jul 29, 2025
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WazirX To Begin Revote On July 30 On Scheme

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WazirX revote to begin on 30th July, 2025 at 7:30 PM IST and will end on 06th August, 2025. Vote YES to reclaim what’s yours.

In the world of crypto, second chances are rare. But when they do arrive — backed by legal reform and court validation — they become powerful turning points.

This is exactly where WazirX users find themselves today.

After facing the devastating cyberattack that struck WazirX in 2024, thousands of users are now presented with what could be the most important moment in their journey so far — a revote on the Amended Scheme of Arrangement.

But this isn’t a repeat of the past.

It’s a renewed opportunity, designed not because the first vote failed, but because the Singapore Court asked for greater legal clarity to better protect users moving forward.

And that changes everything.

A Reminder: The First Vote Was a Massive YES

To begin with, it’s crucial to acknowledge how decisively users had responded in the first creditor vote. An overwhelming 93.1% by number and 94.6% by value had voted YES for the restructuring scheme — signaling strong support and hope for recovery.

So why is there a second vote now?

Because the Court saw an opportunity to make the process even more robust under the newly enacted Financial Services and Markets Act (FSM Act) in Singapore. Instead of pushing the scheme through with gaps, the Court asked WazirX and its restructuring entity, Zettai, to modify the arrangement for stronger legal footing.

The result? A court-sanctioned revote — not to repeat the past, but to legally reinforce the path to recovery.

Why This Revote Matters More Than Ever

This is not a setback — it’s a strategic upgrade.

The amended Scheme aligns with the latest regulatory landscape and is designed to give users better legal protection over their funds. It ensures compliance under the FSM Act, strengthens user rights, and removes any ambiguity that could delay distribution or bring future legal hurdles.

In other words, this version of the scheme is legally tighter, operationally smoother, and strategically smarter. It sets the foundation not just for repayment, but for a secure future for the platform — and for the users who have been waiting patiently.

The Power of Voting YES Again

One of the most important things to understand is that nothing progresses without this second YES.

A YES vote now will allow WazirX to:

  • Implement the amended Scheme sanctioned by the Singapore High Court
  • Start the distribution of eligible tokens to affected users
  • Resume the platform’s operations under the new custodian-led framework via Zanmai India
  • Finally bring closure to one of the most challenging chapters in Indian crypto history

This isn’t about WazirX’s future alone. It’s about restoring user trust, returning funds, and rebuilding an ecosystem that many believed was lost forever.

The Emotional Undercurrent: Users Deserve a Win

For the thousands of retail users who have endured sleepless nights, unanswered questions, and shattered confidence — this revote carries emotional weight.

They did their part in the first round. They showed belief. And now, they’re being called to do it once more — because the Court and restructuring experts want to make it legally unshakable.

This second vote is not a burden. It’s a second wind — the kind that comes after months of uncertainty, with the finish line finally in sight.

A Community That Refuses to Give Up

WazirX’s comeback story is not a tale of overnight redemption. It is a layered, messy, but determined journey shaped by resilience, legal grit, and user solidarity.

Through courtrooms, investigations, international coordination, and massive restructuring — one truth has held steady: WazirX never stopped fighting to return what was lost.

And now, with the scheme amended, the platform refined, and all eyes on the vote — it’s time for the users to deliver the final push.

A Vote for Closure, a Vote for Comeback

For anyone still sitting on the fence, consider this: you’re not voting again because something went wrong. You’re voting again because everything is going right — in the right legal structure, with better safeguards, and real momentum.

A YES this time means action. It means funds. It means closure.

For a community that’s waited long enough — this is the moment to stand together one last time.

Vote YES — not for WazirX alone, but for yourself, your funds, and your right to finally move forward.To be a part of the Ninth WazirX Townhall, click here.

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