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Crypto detective warns users to ‘withdraw all funds from CoinDCX’

Picture: Finbold

ZachXBT, a well-known blockchain investigator, has urged users to ‘withdraw all funds’ from the CoinDCX exchange , accusing the platform’s founders of lack of transparency involving a $16 million case. In a post on X, he argued that founders Sumit Gupta and Neeraj Khandelwal initially denied a reported $16 million loss before later acknowledging an operational issue involving an old wallet . He further described the executives as ‘clowns running a circus’ and reminded his followers that the incident was not the first one on CoinDCX’s track record.

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