Blockchain

CoinDCX co-founder denies a new hack following a $16 million wallet alert.

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 22/10/2026, 08:27:25 UTC.

Briefings

CoinDCX co-founder Sumit Gupta confirmed that addresses flagged in a July 2025 wallet alert were compromised, but no funds from the company's current wallets were affected. The incident occurred after a $16 million wallet alert was issued, and Gupta stated the issue was resolved without financial loss to the platform.

Key points

• CoinDCX co-founder Sumit Gupta confirmed that addresses flagged in a July 2025 wallet alert were compromised.
• No funds from CoinDCX's current wallets were affected by the July 2025 alert.

Context

CoinDCX issued a $16 million wallet alert in July 2025, prompting a security investigation. Sumit Gupta clarified that the flagged addresses were compromised, but the company's current wallets remained secure.

Limitations

Evidence is limited to Gupta's statement that the July 2025 alert addresses were compromised and that no funds from current wallets were affected. No specific dates for the compromise resolution, number of compromised addresses, or total value at risk are provided.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 22/10/2026, 08:28:40 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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