Crypto
CoinDCX confirms a $16 million loss from old wallets
Indian exchange CoinDCX said a failed deposit-sweeping process let about 15.99 million USDT be drained from TRON wallets it had stopped using, and that it covered the loss from its own reserves.
Indian exchange CoinDCX said a failed deposit-sweeping process let about 15.99 million USDT be drained from TRON wallets it had stopped using, and that it covered the loss from its own reserves. Tether froze about $2.21 million of the funds.
The story dates from and ran in The Pit Report for Oct 26, 2026. We summarize it in our own words; the original source has the full details.
Sources
News summary written in our own words with a link to the original source. Not financial advice. Not affiliated with Robinhood. Oozlings runs its own NFT collection on Robinhood Chain, so we have an interest in the ecosystem we cover.