Core Insights - WazirX, India's largest crypto exchange, is set to relaunch trading, deposits, and withdrawals on October 24, 2025, after being halted for over a year due to a significant hack and subsequent restructuring [1] - The exchange has committed to compensating creditors affected by the hack within 10 business days of the relaunch [1] - The relaunch is under close scrutiny from investors, many of whom express distrust and disappointment regarding the handling of the previous collapse [2] Group 1 - The relaunch follows a restructuring plan approved by over 95% of creditors, which received the green light from Singapore's Accounting and Corporate Regulatory Authority (ACRA) [4] - WazirX aims to restore liquidity and ensure technical stability through a phased rollout, allowing for a gradual return to normal trading across all market pairs [4] - The company has partnered with BitGo, a US-based digital asset custodian, to manage the custody of exchange assets using insured, institutional-grade wallets [5] Group 2 - WazirX Co-founder and CEO Nischal Shetty announced a zero-fee trading initiative for a minimum of 30 days to support users during the relaunch [3] - Financial influencers and users are seeking clarity on the roadmap for the platform's reopening, indicating a demand for transparency [3] - Shetty emphasized the importance of resilience and transparency in the crypto industry, highlighting lessons learned from building WazirX [6]