PANews, December 19 - Indian cryptocurrency exchange WazirX announced a 'key update on rebalancing and distribution' on the X platform, as the exchange faced difficulties following a $230 million theft incident in July. WazirX stated: 'Under a plan approved by creditors and recognized by the court: ① Net liquid platform assets will be rebalanced to ensure fair value distribution and maximize recovery. After the plan takes effect, the plan creditors will receive the first distribution of the rebalanced liquid platform assets in token form within 10 working days. ② Recovery Tokens (RTs) will be issued, and the company will use these tokens to further distribute recovery funds to the plan creditors from surplus, non-liquid wallet assets recovery, and stolen asset recovery, allowing the plan creditors to capture potential market upturn opportunities. If the net recoveries available for purchasing RTs exceed $10 million, the company will offer proposals for purchasing RTs to the plan creditors quarterly; amounts below this will be deferred to the next quarter for a similar purchasing capacity assessment. ③ The future trading functionality of RTs is being evaluated to provide additional flexibility for creditors. ④ To ensure a smooth process, any withdrawals from distributions made under this plan must comply with KYC and risk management requirements.