CoinDCX pledges no user losses after $16M transfers draw scrutiny
CoinDCX tied the transfers to wallets compromised in July 2025, but investigators said the addresses remained linked to its operations.
Indian cryptocurrency exchange CoinDCX rejected allegations of another security breach following scrutiny of $16 million in transferred funds, which had drawn attention after blockchain investigator ZachXBT questioned CoinDCX's claims. The exchange stated that the flagged transactions involved wallets compromised in July 2025 and had not been used since, despite Bitcoin analyst Darcy's claim that addresses tied to the exchange remained active for ten months.
Despite the controversy, CoinDCX CEO Sumit Gupta assured users that no funds would be lost, but the exchange did not respond to Cointelegraph's inquiries.
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