CoinDCX Wallets Send $16 Million to Addresses From July 2025 Hack

Salus CMO Darcy flagged a transfer of about $16 million in Tether (USDT) from CoinDCX-linked wallets to addresses CoinDCX co-founder Sumit Gupta said were compromised in a July 2025 hack. The transfer took place at 11:35 a.m. ET (15:35 UTC) Oct. 21, when CoinDCX’s hot wallet and several deposit addresses sent about 15.99 million USDT and 5,783.81 TRON (TRX) to TRON address TAg6SZ1HhgVVjUaKY1paQoFBUS2JFrg5bT. The largest single transaction was 15,819,002 USDT. Darcy characterized the activity as a suspected theft. The receiving address routed the assets through several other addresses before funds reached deposit addresses at Binance, OKX and Gate.