CoinDCX Confirms $16 Million Loss in Attack on Retired Wallets
CoinDCX said an attack on deposit wallets it had stopped using caused a loss of 15.99 million USDT, roughly $16 million. The disclosure follows CEO Sumit Gupta calling breach reports a “false alarm” days earlier.
Indian crypto exchange CoinDCX admitted it lost 15.99 million USDT, or roughly $16 million, to an attack targeting deposit wallets it had stopped using after a 2025 hack. The disclosure comes just days after the exchange's co-founder and CEO, Sumit Gupta, told users on X that reports of a breach so…