CoinDCX confirmed a loss of 16 million USD due to a failure in fund aggregation: stated that active user funds are safe
According to CoinDesk, the Indian cryptocurrency exchange CoinDCX has confirmed a loss of $16 million. The reason is that its fund sweeping process failed to transfer customer deposits from the wallet that was hacked in July 2025.
The exchange stated that it will bear this loss itself and claimed that the funds of active users are still safe.
Risk warning Risk warning
Related tags
