Zensui will distribute these tokens, which serve as on-chain IOUs tracking user balances and releasing funds from profits and recovered assets

Quotes that support claims

In a statement, WazirX revealed to users that they plan to appeal the decision of the Singapore High Court. WazirX posted on X, “Our primary focus remains to begin distributions as soon as possible. Towards this goal, we are currently evaluating all available legal options in consultation with our legal and advisory teams and will be appealing against the decision of the Singapore High Court.”

Recovery tokens represent the remaining claims that were not covered by the initial distribution and track a user’s outstanding balance. Holders are expected to periodically receive additional distributions funded by WazirX profits and recovered assets.