CoinDCX admits $16M USDT loss days after CEO dismissed hack alerts

8 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$16M

exchange loss

$USDT

$182.36B mcap

On October 25, 2026, CoinDCX confirmed that it lost 15.99 million USDT from retired wallets. Before that, on October 22, CEO Sumit Gupta had dismissed the breach warnings as just a possible “false alarm.” The turnaround brings into doubt…