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CoinDCX Absorbs 15.99 Million USDT Loss From Deprecated Wallets

Picture: Bitcoin Insider

CoinDCX says a failed sweeping service allowed deposits to accumulate in deprecated wallets, producing a loss the exchange absorbed itself. CoinDCX says it has absorbed a loss of 15.99 million USDT after funds accumulated in deprecated operational wallets whose automated sweeping service had stopped working for a period. The exchange disclosed the loss in an October 25 update about activity detected on October 21. It said an investigation the following day found irregular transfers involving infrastructure retired after its July 19, 2025 security incident. CoinDCX says its active trading and wallet systems were unaffected and customer balances remain accounted for.

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