【WazirX Launches Recovery Token for Unpaid Debt Settlement Following July Attack】On November 6, according to an official announcement, the Indian cryptocurrency exchange WazirX announced the launch of a recovery token for the settlement of unpaid debts. This token will be airdropped based on the proportion of creditors' balances on the platform: 1. Future platform profits; 2. New business opportunities; 3. Liquidation of third-party illiquid assets; 4. Recovery of stolen assets; 5. Funds from the white knight proposal (usually refers to a third party willing to acquire or invest in a distressed company at a high price to help it out of trouble). The main use cases for the recovery token include: 1. Buybacks, which enhance creditor asset recovery and seize market opportunities; 2. Additional liquidity, which allows the token to be traded in the open market based on creditor willingness, providing early access to funds, flexibility, and immediate value. Earlier news in July reported that WazirX was hacked, resulting in losses exceeding $230 million.