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CoinDCX denies involvement in $16M USDT transfers, says old compromised wallets unrelated to current operations.

Market News
22 Oct 2026
Crypto Briefing
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Neutral
CoinDCX denies involvement in $16M USDT transfers, says old compromised wallets unrelated to current operations.

India's top crypto exchange CoinDCX has denied claims linking it to recent transfers of about $16 million in USDT and 5,783 TRX, stating these transactions involved old wallet addresses compromised in July 2025 and not used since. The exchange reassured users that their funds remain safe and that normal trading continues. This follows a previous $44 million hack in July 2025 involving an internal hot wallet. CoinDCX emphasized that the recent transaction reports circulating online are misleading and unrelated to its current operations.

Binance Coin (BNB) holds a market cap of Rp1.741,43 trillion on Pluang as of Oct 22, 2026, 16:51 WIB, with a 24-hour trading volume of Rp26,31 trillion. Despite recent crypto security concerns like those involving CoinDCX, BNB's price stands at Rp13.223.540, down 1.75% in the past day. Pluang users show a balanced sentiment with 43% selling and 57% buying, holding their positions typically for 90 days.

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