As a new user of Wasabi Account Control Manager (WACM), a part of the onboarding process is to verify your email address. You will receive a welcome email where you need to click a button complete verification. However, the link expires after 24 hours. When this occurs, you can request a new welcome email to be sent so you can complete verifying your account.
After clicking the link and trying to set a password, if the link is expired, you will land on a page like shown below where it says "The verification link has expired". If this happens, click on the button "Click here to send a new one" to generate a new welcome email. This will send you a new welcome email so you can complete verification.