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CoinDCX Denies $16 Million Hack, Tracing Flagged Wallets to Its 2025 Breach

By Kamina Bashir

CoinDCX co-founder Sumit Gupta initially denied a fresh breach at the Indian crypto exchange. A security researcher had flagged about $15.99 million in Tether (USDT) moving out of wallets tagged to the platform. Gupta said the addresses belonged to CoinDCX before its July 2025 hack and were compromised in that attack.…

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