ZachXBT: CoinDCX Co-Founders Are 'a Bunch of Clowns,' Urges Users to Withdraw Funds ASAP
10/23/2026, 06:00:02
Bollcoin, October 22: "On-chain detective" ZachXBT warned users that if they value the security of their assets, they should withdraw all funds from Indian crypto exchange CoinDCX. The exchange's co-founders had previously denied that any asset theft had occurred in both public and private communications, only later disclosing an incident in which roughly $16 million was stolen; he believes the exchange failed to transparently disclose the situation to the public in a timely manner. ZachXBT also said the CoinDCX co-founders are "a bunch of clowns" who run the exchange like a farce, and that this is not the first time CoinDCX has had a similar problem; he also included Indian centralized exchanges such as WazirX and BitBNS in his criticism.