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EconomyCoinDCX confirms $16 million loss from retired wallets after CEO called breach reports a ‘false alarm’

CoinDCX confirmed a $16 million loss from retired wallets. Days earlier, CEO Sumit Gupta told users on X that initial reports of a breach sounded like “a false alarm.”

CryptocurrencyCoinDCXSecurity breach

TThe Block★★☆☆☆2026-10-25 18:46Original

CoinDCX confirms $16 million loss from retired wallets after CEO called breach reports a ‘false alarm’
CoinDCX confirms $16 million loss from retired wallets after CEO called breach reports a ‘false alarm’Economy