CoinDCX loses $15.99 million in USDT wallet hack, $2.2 million frozen

CoinDCX, one of India’s leading cryptocurrency exchanges, has reported a substantial security incident resulting in a $15.99 million loss in USDT after unauthorized activity was detected on October 21. The breach was linked to old wallet addresses that had been inactive following a security issue in July 2025, according to statements from the company. The company identified unusual on-chain activity in its infrastructure, leading to an immediate investigation. CoinDCX reported that the affected wallets were already deactivated after an earlier breach.

Also reported by TronWeekly.

Source: CoinTurk News