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Dear Tribe,
The voting process for the Restructuring Scheme is about to begin, and this is your opportunity to secure the best possible outcome for your recoveries.
By voting FOR the Scheme, you choose a path that ensures faster access to assets, market upside, and future recoveries—without unnecessary delays and uncertainty.
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 effective, the First Distribution will be made within 10 business days.
This guide will walk you through the step-by-step process of casting your vote.
Your decision matters—vote FOR the Scheme and unlock the best recovery path!
Voting Period
March 19, 2025, 5 pm (SGT) to March 28, 2025, 5 pm (SGT)
The Voting Process
Step 1:
Mobile Version: Open the WazirX App and click on the Action Card showing “VOTING IS NOW LIVE.”
Web Version: Go to “FUNDS” and click on the Action Card showing “VOTING 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 vote 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 is crucial in shaping the outcome of the Scheme.
Voting FOR the Scheme means faster access to assets, potential market upside, and additional recoveries through Recovery Tokens and profit-sharing.
Take control of your recoveries—review your details and choose the option that best serves your interests. 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.
