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TRX CoinDCX denies new hack after $16M wallet transfers draw scrutiny
CoinDCX co-founder Sumit Gupta denied a new hack after a $16 million wallet alert, saying the flagged addresses were compromised in July 2025 and that no funds from CoinDCX's current wallets were affected. CoinDCX pledged no user losses and tied the transfers to wallets compromised in July 2025, while investigators said the addresses remained linked to its operations.
Why “Unverified”
- 2 independent sources (The Defiant, Cointelegraph), but no primary confirmation
2 independent source groups across 2 posts · evidence score 75/100. How labels work
What the sources claim
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CoinDCX co-founder Sumit Gupta says the flagged addresses were compromised in July 2025 and no current CoinDCX wallet funds were affected.
“Sumit Gupta says the flagged addresses were compromised in July 2025 and that no funds from CoinDCX’s current wallets were affected.”
The Defiant -
CoinDCX pledged no user losses after $16 million in transfers drew scrutiny.
“CoinDCX pledges no user losses after $16M transfers draw scrutiny”
Cointelegraph -
CoinDCX tied the transfers to wallets compromised in July 2025, but investigators said the addresses remained linked to its operations.
“CoinDCX tied the transfers to wallets compromised in July 2025, but investigators said the addresses remained linked to its operations.”
Cointelegraph
Sources
More in Hacks & Security
Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-22 11:10 UTC. Labels are computed from the sources, not by the model.