CoinDCX Security Incident Raises Numerous Doubts: User Deposits Flowed Into an Undisclosed Wallet, With a Nearly Equal Amount Transferred Out
23/10/2026 05:50:01
Bollcoin, October 22: Onchain Lens said in a post on X that CoinDCX may have undisclosed fund anomalies: user deposits had flowed into a wallet that was not included in the relevant fund accounting, after which a nearly equal amount of funds was transferred out. Some funds were also moved through relatively uncommon cross-chain bridge entry points and services, with abnormal paths. Onchain Lens further analyzed that some funds suspected of being related to CoinDCX's hot wallet passed through over-the-counter (OTC) services and mixing platforms, and questioned why the CoinDCX team still denies that a security incident occurred even after multiple researchers and on-chain investigators presented related evidence.