CoinDCX @CoinDCX Further update on the TQKJQ wallet On-Chain activity. Following the July 2025 security incident, we advised users not to deposit crypto to the compromised wallet addresses. These addresses were generated earlier in 2025, were compromised during the incident, and have since been deprecated. It is strongly recommended for users not to deposit funds on deprecated addresses, and always verify updated deposit addresses from the CoinDCX App or website. Please note that depositing funds to deprecated addresses is highly risky. Exchanges do not typically take liability for such deposits made. Despite our notifications in the past, some users continued to deposit funds to deprecated deposit addresses instead of the latest ones. Our operational process is designed for regular sweeping of any such deposits made so the funds can be properly accounted for and secured. For a particular period, this sweeping process failed, which got identified today morning. This failure led to some operational losses, which were absorbed by CoinDCX. Importantly, all affected crypto deposit wallets for users on CoinDCX were duly credited even though they were made to the deprecated addresses. Users’ funds remain completely safe. Customer assets continue to be held in segregated cold wallets. Current CoinDCX central and user addresses have not been impacted, and no CoinDCX funds from active wallets have been compromised. The CoinDCX platform and all trading activities continue to function as usual. Please rely only on official CoinDCX channels for updates and avoid spreading unverified information. 11:47 AM · Oct 22, 2026 · 87.8K Views 52
ZachXBT @zachxbt 21h Withdraw all funds from CoinDCX if you value your assets. Its co-founders are clowns running a circus. They publicly and privately denied a theft of its assets occurred meaning they straight up lied or are negligently incompetent. Later they disclosed the $16M theft and 106
tanuki42 @tanuki42_ 23h So tl;dr CoinDCX wallets were drained and this earlier statement is false Oh and "some operational losses" = $16M 🤦♂️ 1
SomaXBT @somaxbt 22h Lol, it's been almost more than 6 hours and I still can't figure out how you guys fucked up your users. @ smtgpt who handles your onchain operations? You guys literally used that 2025 compromised wallet to move the $70 million MM funds and left the $15.82 million on that 1
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