CoinDCX Confirms $15.99M USDT Loss After Failed Sweep Hit Old Crypto Wallets

1 hour ago 3

Rommie Analytics

Key Takeaways:

  • CoinDCX announced a $15.99M USDT loss from the old wallet infrastructure in the last contaminated security event impacting the platform in 2025.
  • The exchange said that an automated sweeping program malfunctioned, and that deposits were made at an old address and then lost.
  • Customer balances, withdrawals and active trading systems did not get affected, said CoinDCX of the loss suffered by it.