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CoinDCX

2025-07-22, Rekt
https://rekt.news/en/coindcx-rekt
#CoinDCX

Contents

CoinDCX - Rekt
Transparency has a half-life of exactly 17 hours in CoinDCX time.
Hackers siphoned $44.3 million from India's second-largest crypto exchange while management played mute for nearly a day - only breaking their silence after blockchain detective ZachXBT dropped receipts that forced their hand.
The attackers had methodically prepared their heist, routing 1 ETH through Tornado Cash, bridging funds across multiple chains, and executing a precision drain of CoinDCX's wallets.
While $28.3 million in SOL and $15.78 million in ETH vanished into mixing protocols, CoinDCX's leadership was apparently practicing radio silence.
Their damage control playbook read like a Mad Libs template: insert "sophisticated server breach" here, sprinkle "treasury reserves" there, and hope nobody noticed customers found out from ZachXBT instead of official channels.
When you need blockchain detectives to announce your own $44.3 million disaster, what exactly are you managing besides the cleanup?
Credit: ZachXBT, Cyvers, Sumit Gupta, BSC News, Neeraj Khandelwal, DL News, Breadcrumbs, …

IoC

3C5c2F4bCeC51a36494682f91Dbc6cA7c63B514C
EF0c5b9E0E9643937D75C229648158584A8CD8D2
90083b839d093536104efb592aa46847993dca26a9410faac99aad4ec236f41b