CoinDCX has confirmed a 15.99M USDT loss linked to old deposit wallets, following its July 2025 hack that cost approximately $44M.

Here’s what happened:
▪️ Users continued sending funds to retired deposit wallets.
▪️ The automated sweeping process failed to capture those funds.
▪️ On-chain investigators flagged suspicious outflows before the exchange confirmed the loss.
▪️ CoinDCX says it will absorb the loss, with active wallets, deposits and withdrawals unaffected.

The bigger question is how exchanges communicate when security concerns emerge.

In crypto, transparency isn't optional. When millions of dollars are involved, users deserve clear answers.

Would you trust an exchange that confirms a major loss only after on-chain investigators flag it? 👀