CoinDCX denies second hack claims as ZachXBT questions wallet activity

Indian cryptocurrency exchange CoinDCX has denied allegations of a new security breach involving nearly $16 million in cryptocurrency transfers, although blockchain investigator ZachXBT has challenged the company's explanation of the suspicious wallet activity. CoinDCX has denied allegations of a new $15.8 million crypto hack and maintained that customer funds remain safe. Blockchain investigator ZachXBT questioned the exchange's explanation, claiming that compromised deposit addresses continued handling funds after the July 2025 breach. The dispute followed allegations of suspicious USDT and TRX transfers, although no new security breach or customer losses have been independently confirmed.