USDT
+0.0%CoinDCX denies new hack as investigator disputes wallet explanation
Image: Crypto.newsCoinDCX denied a new security breach after a researcher flagged about 15.99 million USDT and 5,783.81 TRX moving from wallets tagged to the exchange. Sumit Gupta said the addresses were created in January 2025 and compromised in CoinDCX's July 2025 hack. He described the alert as a false alarm. Blockchain investigator ZachXBT disputed that explanation, saying at least one address continued handling deposits and interacting with current hot wallets after the breach. No new breach or customer losses have been independently confirmed.
Key points
- CoinDCX denied a new security breach involving nearly $16 million in crypto transfers.
- A researcher flagged about 15.99 million USDT and 5,783.81 TRX moving on the TRON network.
- CoinDCX said the flagged addresses were created in January 2025 and compromised in its July 2025 breach.
- CoinDCX previously suffered a July 2025 security breach.
Why it matters
The dispute centers on whether flagged wallets still belonged to CoinDCX. CoinDCX says customer funds are safe, while an investigator claims some deposits went unaccounted for.
What's unclear
CoinDCX says the flagged addresses were compromised in July 2025, while ZachXBT says one continued handling deposits and interacting with current hot wallets after that breach.
No new security breach or customer losses have been independently confirmed, and CoinDCX had not publicly reconciled the transaction history cited by ZachXBT.
Price context · TRX
At publication
$0.3305
Now
$0.3304
Change since
−0.03%
7 days · dashed line = publication
Sources · 4 publishers
BeInCrypto
Tier 2
CoinDCX Denies $16 Million Hack, Tracing Flagged Wallets to Its 2025 Breach
Crypto.news
Tier 2
CoinDCX denies second hack claims as ZachXBT questions wallet activity
Crypto Briefing
Tier 2
India’s top crypto exchange CoinDCX rejects hack claims after $16 million in USDT transfers reported
Coverage timeline
- First reported by The Defiant
- Also reported by BeInCrypto
- CryptoVideos brief published
- 1 more publisher added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
