CoinDCX Reports Operational Losses After $16M Wallet Transfers Scrutiny

Indian cryptocurrency exchange CoinDCX has acknowledged operational losses tied to its handling of deposits sent to blockchain addresses that had been compromised in its July 2025 hack. The update follows public scrutiny of roughly $16 million in suspicious transfers that investigators said were associated with CoinDCX-labeled addresses. In a statement published on X on Thursday, CoinDCX said some users continued depositing crypto into older addresses that were still linked to the incident.

Source: Crypto Breaking News