WazirX, one of India’s largest cryptocurrency exchanges, is preparing for a comeback after facing a major setback when $234 million was stolen in a 2024 hack. A significant court ruling in Singapore scheduled for May 13, 2025, could pave the way for WazirX to resume operations.

In a recent update, the exchange expressed its commitment to relaunching shortly after the hearing. This news comes as both the cryptocurrency community and WazirX users remain hopeful for the return of the exchange, which played a vital role in India’s crypto landscape before its troubles.

If the courts rule in favor of WazirX, the exchange’s return could signal a new chapter, not just for the platform, but for the broader Indian cryptocurrency market that has experienced its own set of challenges. Stakeholders patiently await the court’s decision, which could dictate the future of WazirX and potentially boost market confidence moving forward.