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Dear Tribe! 🙏
You stood together once, and it mattered.
Now, it’s time to reaffirm that support.
The majority of the Creditors came together during the first vote and backed the Scheme of Arrangement with overwhelming support.
Since then, the Scheme has been refined in line with Singapore’s evolving regulatory and legal framework, based on directions provided by the Singapore High Court. We proposed the amended terms, which the Court has reviewed and asked for a revote to confirm creditor approval before proceeding further.
Under the Amended Scheme, instead of Zettai (Singapore-based entity), Zanmai (an FIU-IND registered entity) will now facilitate access to tokens on WazirX restart and manage WazirX operations, instead of Zettai.
The revoting process for the amended Scheme of Arrangement has started and will continue till August 06, ’25, 7:30 pm IST, and this is your opportunity to secure the best possible outcome for your recoveries.
By revoting for the Scheme, you choose a path that ensures faster access to tokens, market upside, and future recoveries—without unnecessary delays and uncertainty.
To revote for the Scheme, click here.
The process is completely transparent, conducted on the KIS (Kroll Information Services) Platform, and verified by an Independent Assessor to ensure fairness. Once the Scheme is approved and becomes effective, Zanmai will facilitate access to tokens within 10 business days.
This guide will walk you through the step-by-step process of casting your vote.
Revoting Period
July 30 ’25, 7:30 pm IST to August 06 ’25, 7:30 pm IST
The Revoting Process
Step 1:
Mobile Version: Open the WazirX App and click on the Action Card showing “REVOTE IS NOW LIVE!”
Web Version: Go to “FUNDS” and click on the Action Card showing “REVOTE IS NOW LIVE!”
NOTE: The remaining steps will remain the same in both versions.
Step 2: Review the consent form carefully. To proceed, check the required box and click “AGREE AND CONTINUE.”
Step 3: You will be redirected to the Disclaimer page. Please read it thoroughly, then scroll down to review your Personal Information and Approved Claim Balance.
Step 4: To revote YES for the Scheme, select “Yes, I vote FOR the Scheme,” then click “Submit.”
Key Points to Remember
- Eligibility: If you have an Approved Claim, you are a Scheme Creditor and may therefore vote on the Scheme.
- Number of Votes: Each Scheme Creditor has only one vote, regardless of the number of registered accounts they may have on the Platform.
- Abstaining Persons: The Shareholders will not be voting on the Scheme notwithstanding that they are also Platform Users. Any natural person related by blood, adoption and/or marriage to the Shareholders who are Platform Users will not be voting on the Scheme.
Your vote and support brought us this far, and now, it’s the final stretch.
Your revote matters just as much today.
A ‘yes’ vote will represent more than just agreement; it’ll mean faster access to tokens, potential market upside, and additional recoveries through Recovery Tokens and profit-sharing. On the other hand, a ‘no’ vote will lead to prolonged delays and lower recoveries and will force the company towards liquidation.
The Scheme has evolved, the structure is stronger, and the path ahead is clearer. We need your voice and support, just one more time.
You’ve already shown what we can do as a community together. Let’s finish this – together.
Vote wisely! 💪
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
