CoinDCX Co-Founder Denies New Hack After $16 Million Wallet Alert

CoinDCX co-founder Sumit Gupta denied a new hack after a $16 million wallet alert, saying the flagged addresses were compromised in July 2025 and that no funds from the exchange's current wallets were affected. The clarification follows on-chain scrutiny of the exchange's wallets. Traders will watch whether the denial holds up and whether user withdrawals or confidence at the Indian exchange are affected.