CoinDCX Rejects New $16M Security Breach Claims, Says Old Wallet Activity Is Unrelated
Photo: TheNewsCrypto
One of India’s leading cryptocurrency exchanges, CoinDCX, has denied allegations of a new security breach after blockchain investigators flagged approximately $16 million in USDT and TRX transfers from wallet addresses reportedly linked to the platform. The transactions, reported on October 21, have raised fresh questions about CoinDCX’s July 2025 security breach and the status of its previously compromised wallets. Responding to the claims in a statement on X, CoinDCX said “users’ funds are safe” and described the reports surrounding the wallet addresses and transactions as “misleading.” The exchange explained that the addresses were created in January 2025 and compromised during…
Source: TheNewsCrypto
