Aug 1, 2025
13 Views

Why Is Voting YES For WazirX Scheme The Best Move for Its Users?

Written by

In the world of crypto, things move fast. But when a crisis hits — like the massive cyberattack that affected WazirX users — time slows down.

People are left waiting, unsure, and anxious about their money.Now, months later, WazirX users finally have something they didn’t have before: a real well-informed choice.
The  REVOTE is not just about saying “yes” or “no” to a legal plan. It’s about choosing a path that gives you a chance to recover, move forward, and avoid something much worse — liquidation.

Let’s break it all down — in simple terms.
What Happens If You Vote YES?

A YES vote is not a blank cheque. It’s a vote for a structured recovery — backed by the courts and created with users in mind.

People have voted YES before and they are doing it all over again

If you vote YES, here’s what you stand to gain:

  • Faster access to your funds 
  • A plan that’s been reviewed and approved by the courts
  • A system that includes asset tracking and recovery through global partners
  • Legal protection — you don’t have to wait for years
  • A way to move forward without getting stuck in endless delays

It’s not perfect. No recovery plan ever is.
But it’s the only one on the table right now that offers you a real chance.

And it was built keeping you in mind.

Liquidation = A Bad Deal for Everyone

A lot of users are angry. You lost access to your funds,and the trust has been shaken.

If the revote fails, the court process goes into liquidation. And liquidation is one of the worst outcomes for users. 

Here’s why:

  • Your assets are sold off at market-bottom prices
  • There is no control or recovery strategy
  • You get what’s left — usually very little (almost nothing)
  • It can take years, with no guarantee of results
  • You lose your tokens, your voice, and your options

It’s like watching your house being sold for scraps — and then waiting 2–3 years for a small cheque that may or may not come.

Do you really want that?

Nischal Shetty: Not a Talker, an Action Taker! 

Let’s talk about something important — trust.

You may not agree with everything WazirX has done. But one person who has always stood by the crypto community is Nischal Shetty, the co-founder.

He works behind the scenes — building, fixing, and planning.

  • He built WazirX as one of India’s top crypto platforms
  • He led the team through one of the worst hacks in the country’s crypto history
  • He brought in Kroll, a global expert in asset tracing and recovery
  • He helped prepare a court-backed scheme that users could vote on
  • He let the legal system — not emotions — drive the solution

    That’s not easy. That’s not showbiz. That’s leadership.

Don’t Let Anger Cloud Logic

Let’s be honest. Everyone is emotional. Everyone is upset.
But emotions can cloud judgment.
Voting NO might feel like “fighting back.” But in reality, it could leave you with:

  • A longer wait
  • A smaller payout
  • No clarity
  • No control
  • No real justice

This is not about supporting WazirX. It’s about protecting your own portfolio.
Voting YES gives you a chance to recover more, faster — with structure and support.

The CoinDCX Example — What Not to Do

Let’s not forget what happened just weeks ago.

CoinDCX lost $44 million in an exploit — and never told users.
It was only after ZachXBT exposed them that they admitted the breach.

That’s the difference between WazirX who owned up, took action and is at the last leg to almost repay the users.

WazirX took responsibility and didn’t sweep things under the rug.

This Vote = Your Chance to Decide

Crypto was built to put power in the hands of people, not just platforms.

Now you have that power.
You get to decide how this chapter ends:

  • With a structured recovery
  • Or with liquidation and loss

You’re not just a customer. You’re a stakeholder.
Your vote matters — not just for your own portfolio, but for how the entire Indian crypto ecosystem grows and evolves.

Final Thoughts: Say YES — For Yourself and Everyone Like You

This is your chance to choose the best option in a bad situation.
You didn’t ask for this. You didn’t deserve it.

But now that you’re here, you do have a choice — and a voice.
And we didn’t come this far to let it go. A

A YES vote gives you hope, structure, and legal backing.
Say YES using this step-by-step guide.
For your money.
For your future.
And for every user who deserves better.

Article Categories:
Fashion