PANews Lab: On-chain investigator ZachXBT warned users to withdraw all their funds from Indian exchange CoinDCX as soon as possible, saying that the exchange’s co-founder had previously denied it but later disclosed that approximately $16 million had been stolen, without informing the public in a timely manner. ZachXBT also criticized CoinDCX and other Indian centralized exchanges, including WazirX and BitBNS, for similar issues.

Not investment advice.

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