WazirX will issue recovery tokens to creditors that represent remaining claims not covered by initial payouts from the $235 million hack

Claim

Quotes that support claims

WazirX’s recovery token is almost like an onchain IOU that the exchange plans to mint for every creditor of the exchange. The court filings follow a Singapore court’s approval of WazirX’s plan to repay the victims of its $235 million hack, which has been linked to North Korea’s state-sponsored hackers.

Referenced by

Recovery token and compensation plan

Crypto news

Data block