Security· ★★★★· bearish·

CoinDCX suspected of $16M USDT hot wallet breach

  • —Largest transfer was 15,819,002 USDT to address TAg6SZ1HhgVVjUaKY1paQoFBUS2JFrg5bT
  • —5,783.81 TRX also moved from the hot wallet and deposit addresses
  • —Funds were split and sent to Binance, OKX and Gate deposit addresses
Why it matters: A $16 million exchange breach heightens CEX security concerns and could accelerate withdrawals from Indian platforms.
Source: PANews