Old wallet addresses trap CoinDCX users, triggering potential losses

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CoinDCX said it absorbed operational losses after the process for collecting deposits sent to old wallet addresses retired following the July 2025 security incident failed. The platform said affected customers were credited and active wallets were unaffected, but it did not quantify the losses or specify how long the failure had lasted. On-chain analyst ZachXBT had alleged that $15.8 million in user deposits went unaccounted for, a figure CoinDCX did not confirm. TronGrid data and a TronScan transaction record verify a successful transfer of 15,819,002 USDT on October 21, but do not establish who controlled the addresses or confirm customer losses.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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