🚨 COINDCX LOSES $16M, AND ITS CEO ONCE CALLED IT A “FALSE ALARM” On Wednesday, CEO Sumit Gupta dismissed breach reports, but days later the Indian exchange admitted losing 15.99M USDT from old deposit wallets. A failed automated sweeping system left user funds sitting in addresses compromised in the July 2025 hack. CoinDCX says it is absorbing the full loss and customer funds in cold wallets remain safe, yet ZachXBT has urged users to withdraw.
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