CoinDCX Wallets Transfer $15.99 Million in USDT Toward Exchange Deposit Addresses

Darcy (@DarcyAri) flagged a suspected $15.99 million theft from CoinDCX, with the funds later split across wallets and routed toward deposit addresses at Binance, OKX and Gate. CoinDCX's hot wallet and several deposit addresses transferred about 15.99 million USDT and 5,783.81 TRX to a TRON address on Oct. 21 at 11:35 a.m. ET (15:35 UTC). The largest single transfer was 15,819,002 USDT. The receiving address then moved the assets to several other addresses, where the funds were divided through repeated transfers before being sent to deposit addresses at the three exchanges.