CoinDCX says failed sweep of expired deposit addresses caused operational losses
- —Deposit addresses from before the July 2025 incident were compromised and disabled
- —The routine sweep of funds from expired addresses stopped working
- —The failure was discovered on the morning of October 22
- —CoinDCX said it will absorb the operational losses
Why it matters: The incident shows risks persist even after compromised addresses are retired, with the exchange footing the bill for internal process failures.
Source: PANews