crypto exchange coindcx now confirms a 15.99m usdt loss from the october 21 drain, and says it absorbed the loss. the drained legacy deposit wallets were already compromised in its july 2025 breach, which cost about $44m. a failed sweep let customer deposits build up in them. tether froze nine linked addresses that hold 2.21m usdt, about 13.8% of the loss. but a freeze is not a recovery, so coindcx carries the full cost for now.
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