Indian crypto exchange WazirX, which suffered a major security breach four months ago, has announced plans for a restructuring scheme that will distribute assets to users in crypto tokens. Pending approval, users will receive a proportional share of liquid assets based on their token holdings as of July 18, 2024. The distribution will be in tokens, reflecting their value at the rebalancing time. WazirX is also exploring the launch of a decentralized exchange (DEX) to reduce counterparty risk. The exchange aims to maximize value and rebuild trust with users and creditors.



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