CoinDCX Hack Rumors: Was Another $16 Million Lost?

CoinDCX denied reports of a suspected $16 million breach, describing the claims as a false alarm involving old wallet addresses. Reported transfers included 15.99 million USDT and 5,784 TRX, but the movements don't establish that a new hack occurred. The exchange says current wallet checks found no compromised funds and that its team is investigating. CoinDCX hack rumors spread quickly after suspicious blockchain transfers triggered speculation about another major security breach at the Indian crypto exchange. But there’s a problem with the alarming headlines: CoinDCX’s co-founder says its wallets weren’t breached, calling the reports a false alarm.