CoinDCX Confirms $15.99M Loss Tied to Retired Wallet Infrastructure
- —Loss totaled 15.99 million USDT on deprecated wallets
- —Addresses were compromised in a July 2025 breach of about $44 million
- —A failed automated transfer left deposits in old infrastructure
- —Exchange says active wallets and customer balances were unaffected
Why it matters: The case shows retired wallets remain an exposure and that slow disclosure can erode trust in an exchange.
Source: Bitcoinist