News · Security & Hacks
The Indian exchange credited users affected by a failed sweep mechanism following a disputed $15.8 million Tron transfer.
Key point 1 of 3
01
CoinDCX absorbed operational losses after an automated mechanism failed to sweep deposits sent to addresses deprecated after a July 2025 hack.
Key point 2 of 3
02
On-chain data showed 15.8M USDT moved out of a flagged Tron deposit address on Oct. 21 to an unidentified external wallet.
Key point 3 of 3
03
Co-founder Sumit Gupta pledged that customer funds would be protected, while the exchange warned it may not cover future retired address deposits.
Context
After losing roughly $44 million in an internal breach in July 2025, CoinDCX instructed customers to stop using compromised deposit addresses, while attempting to run sweeps on…
Why it matters
Affected depositors who used outdated addresses were credited by CoinDCX, but the exchange warned users that platforms typically do not assume liability for deposits to retired…
What to watch
CoinDCX has not clarified whether it will continue honoring deposits sent to deprecated addresses or confirmed the exact dollar figure of the operational shortfall.
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