Remember that massive WazirX hack back in 2023? Yeah, the one where tons of users watched their funds vanish.

Well, there’s finally movement – but before you get excited, no, you’re probably not getting all your money back.

 Mark Your Calendar: June 20 Is Decision Day

Here’s the deal: WazirX already pitched a refund plan to a Singapore court, and guess what? It got shot down.

Hard. So now they’ve come back with a “new and improved” version, and the court’s giving them one last chance to make their case by June 20. That’s when we’ll find out if this plan flies… or crashes.

Full Refund? Don’t Count On It

The updated proposal? It’s more like a partial refund — think crumbs, not cake. WazirX says it’s going to restructure, move operations to Panama, and rebrand as “Zensui.”

🚨 BREAKING: 🇵🇦WazirX moves company from Singapore to Panama, rebrands as Zensui to dodge Singapore regulations. 🇸🇬 [cc @TheWeb3CA] pic.twitter.com/E4vq54TITe

— Crypto India (@CryptooIndia) June 4, 2025

Sounds like a fresh start, right? Except, they’re calling themselves broke and saying they’ll pay out only a portion of the missing funds.

And here’s the twist: if you accept the payout, you might be giving up your right to sue them later.

That’s right. Take the money, and you could be stuck with whatever’s left — no questions, no court cases.

Trust Issues? Yeah, No Kidding

Let’s not forget — this isn’t their first attempt at damage control. They already failed to get licensed in Singapore, quietly relocated to Panama, and slapped on a shiny new name.

Critics say this whole restructuring stunt might just be another smokescreen to dodge responsibility.

Millions Still in Limbo

Over 4.4 million users are still waiting, watching, and hoping for some sort of resolution.

If the court signs off on this new plan, a payout could happen — but don’t expect clarity on how much or when. WazirX is keeping those details fuzzy.

For now, all users can do is wait… and hope this time, they actually follow through.

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