CoinDCX

CoinDCX Says Old Wallet Deposits Caused Losses, Denies Breach of Active Funds

CoinDCX has acknowledged operational losses linked to a process involving deposits sent to older wallet addresses, while insisting that its active wallets were not compromised. The disclosure comes as India’s crypto sector remains under intense scrutiny over custody, security controls, and exchange transparency. The company’s framing suggests a contained incident rather than a broad security breach, but it is likely to renew questions about wallet management and user safeguards.