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Crypto

Major Indian Exchange CoinDCX Reports 15.99 Million USDT Outflow from Old Wallet

2026/10/26 17:52(Updated 2026/10/26 17:00)

CoinPost

Written by CoinPost Editorial Department

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Major Indian Exchange CoinDCX Reports 15.99 Million USDT Outflow from Old Wallet

Misdirected Deposits Stuck in Decommissioned Address

On the 25th, Indian cryptocurrency exchange CoinDCX revealed on its official blog that 15.99 million USDT (approximately 2.5 billion yen, based on an exchange rate of 157 yen per dollar) had flowed out from a decommissioned old wallet infrastructure. The company will bear the entire loss, and user balances remain unaffected.

The outflow involved old operational wallets that had been compromised in a security breach announced on July 19, 2025, and subsequently taken out of service. According to the company, on the 21st...

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