Post
Topic
Board Exchanges
Re: Indian Exchange CoinDCX hacked?
by
Bitcoin Smith
on 19/07/2025, 20:16:45 UTC
This was just posted by the CEO:

.....
Before I share further details on this, I would like to highlight that:
-No customer funds have been impacted
-Your assets remain completely safe and protected in our secure cold wallet infrastructure
-All trading activity and INR withdrawals are fully operational


It's good news that operations have not been affected, but this is definitely not an exchange I would recommened anyone to use. Making a statement about the hack 17 hours after the incident is not a good look.
I won't trust their statements anymore for two reasons,

1. They accepted the incident only after they were exposed which is clearly a red flag.
2. INR withdrawals are pending that's reported on many users from reddit community.

All I can hope is this doesn't turn out to be another one like Wazirx who can't operate anymore once the 230 million worth of funds wiped by Lazarus group.