CoinDCX Denies New Security Breach After $16 Million in Flagged Outflows

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TL;DR CoinDCX denied a new breach after investigators flagged about $16 million moving from addresses historically linked to the exchange, saying current wallets and user funds remain safe. The exchange says the addresses were compromised during its July 2025 incident, while blockchain investigators dispute whether at least one remained operational into 2026. Onchain transfers confirm asset movement but do not prove unauthorized access, customer losses or who controlled the wallets involved. CoinDCX denied a new security breach after blockchain investigators flagged $16 million in transfers from addresses associated with the Indian exchange. In an official statement , the company said the claims were misleading and that user funds remained safe. The disputed activity involves old wallet addresses, while CoinDCX says its current wallets were not compromised.
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