CoinDCX Discloses $15.99 Million Loss After Previously Denying Hack Reports
CoinDCX confirmed a loss of 15.99 million USDT following a cyberattack targeting legacy wallet infrastructure previously compromised in July 2025, which had resulted in $44 million in losses. The exchange stated it would absorb the financial impact with no effect on customer balances or operations. The disclosure came after days of disagreement between CoinDCX and blockchain researchers regarding suspicious wallet transactions.
Key points
- CoinDCX disclosed $15.99M loss from October 21 cyberattack
- Legacy wallet infrastructure from July 2025 breach was compromised
- Exchange absorbs costs; no customer balance impact
- Disclosure followed researcher dispute over wallet transactions
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