BitcoinKE·Oct 26, 2026, 8:00 AM UTC

REALITY CHECK | Largest Crypto Exchange in India Absorbs Over $15 million Loss from a Retired Wallet

10 outlets reporting

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$15.99M

exchange loss absorbed

India’s CoinDCX said it had absorbed a $15.99 million loss after a failed internal process allowed customer deposits to accumulate in a retired cryptocurrency wallet linked to a $44 million security breach in July 2025. The exchange said…

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TokenPost ↗
CoinDCX Wallets Send $16 Million to Addresses From July 2025 Hack
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Salus CMO Flags Suspected $16 Million CoinDCX Theft Involving USDT, TRX
CryptoSlate ↗
Old wallet addresses trap CoinDCX users, triggering potential losses
The Defiant ↗
Tether Blacklists USDT Wallets Linked to CoinDCX Outflows
Unchained ↗
CoinDCX Absorbs Losses, Credits Users After Failed Sweep of Hacked Deposit Addresses
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Tether Freezes About $2.2 Million in USDT Tied to CoinDCX Outflows
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Tether Freezes 2.21 Million USDT Across Nine CoinDCX-Linked Addresses
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CoinDCX Says Company Will Cover $15.99 Million Legacy Wallet Loss
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CoinDCX Links Failed Deposit Sweep to 15.99 Million USDT Loss

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REALITY CHECK &#124; Largest Crypto Exchange in India Absorbs Over $15 million Loss from a Retired Wallet

Also covered by 9 outlets

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REALITY CHECK | Largest Crypto Exchange in India Absorbs Over $15 million Loss from a Retired Wallet