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CoinDCX Absorbs Losses from Failed Deposit-Sweeping Process

Indian crypto exchange CoinDCX has absorbed operational losses after a process for collecting deposits from old wallet addresses failed. The exchange credited affected customer deposit wallets, while active wallets remained unaffected. CoinDCX denied a fresh breach and said the old addresses were retired from use after the July 2025 security incident, but some users continued to deposit funds to them. ZachXBT alleged that $15.8 million in user deposits was unaccounted for, but CoinDCX did not provide a loss amount or specify the duration of the failed process.

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