CoinDCX confirms $16 million loss from retired wallets after CEO dismissed breach reports
AI summary
Indian exchange CoinDCX confirmed a $16 million loss tied to retired wallets, just days after CEO Sumit Gupta publicly dismissed early breach reports as sounding like a false alarm. The reversal raises questions about the exchange's incident disclosure and internal security controls. Traders should watch for user withdrawals and any regulatory scrutiny of CoinDCX's handling of the incident.
Read at source
The Block
Also reported by
CryptoPotato
The Block
Also reported by
CryptoPotato
Narrative history
-
1H AGOYou’re reading thisCoinDCX confirms $16 million loss from retired wallets after CEO dismissed breach reportsThe Block · Score 55
-
5H AGOcrypto.news · Score 65 · via CoinDCX, $15.99M
-
23 OCT · 06:50The Defiant · Score 55 · via CoinDCX admits, CoinDCX
-
22 OCT · 10:53Cointelegraph · Score 55 · via CoinDCX, $16M
-
22 OCT · 09:34Crypto Briefing · Score 55 · via $16M USDT, CoinDCX
-
22 OCT · 08:38BeInCrypto · Score 55 · via CoinDCX, $16M
-
22 OCT · 08:18The Defiant · Score 45 · via CoinDCX, $16M
