CoinDCX: Legacy Wallet Infrastructure Affected by Anomalous Activity, 15.99 Million USDT Loss Borne by the Company

Odaily reports that CoinDCX has issued an announcement stating that it detected anomalous system activity on October 21, and subsequent investigation confirmed that the anomalous activity affected legacy wallet infrastructure that had been deprecated following the July 2025 security incident. CoinDCX stated that due to a malfunction in the automated fund sweeping service that lasted for a period of time, some user deposits mistakenly sent to old addresses were not transferred in a timely manner, ultimately resulting in a loss of 15.99 million USDT, with the related losses borne by the company.

CoinDCX emphasized that existing wallets and trading systems were unaffected, user funds remain securely held in isolated cold wallets, and trading, deposit, and withdrawal services all continue to operate normally.