$15.8 Million in User Deposits Untraced, ZachXBT Alleges Issues at CoinDCX

Odaily Report: According to ZachXBT monitoring, after the July 2025 security incident at Indian exchange CoinDCX, its deposit address TQKJQ was still used by a liquidity provider (LP) for 10 months. Until April and May 2026, this address was still consolidating user deposits to CoinDCX's current public hot wallet and receiving gas fees. Based on this, ZachXBT believes that the CoinDCX team has $15.8 million in user deposits untracked. CoinDCX previously responded that user funds are safe, the related claims are misleading, and the transactions involved came from old wallet addresses created in January 2025, which were compromised in July 2025.