CoinDCX Dismisses Second Breach Claims as Blockchain Investigators Examine Wallet Transfers
CoinDCX has dismissed allegations of a new security incident, attributing flagged transfers worth roughly $16 million to wallets compromised during its July 2025 breach. The company stated that customer funds remain secure. However, security researcher ZachXBT contradicted this explanation, citing evidence of transactions involving CoinDCX-associated wallets occurring months after the original incident, raising questions about the exchange's account of events.
Key points
- CoinDCX denied claims of a second security breach affecting $16 million in transfers
- Company attributed activity to wallets compromised in July 2025 incident
- Researcher ZachXBT disputed the explanation with evidence of later transactions
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