WazirX, the prominent Indian crypto exchange, has introduced a "Recovery Token" initiative aimed at compensating creditors affected by financial losses on the platform. The plan involves issuing a specialized token to users who were impacted, providing them a path to potentially recover some of their lost funds. This recovery token can be held or traded, giving creditors options to manage their assets within the exchange ecosystem. The move underscores WazirX’s commitment to rebuilding trust with its user base, particularly during a period of heightened scrutiny and regulatory challenges in India’s crypto industry.