Salus CMO Flags Suspected $16 Million CoinDCX Theft Involving USDT, TRX

Salus CMO Darcy flagged a suspected theft involving CoinDCX after monitoring about 15.99 million USDT and 5,783.81 TRX move from the exchange’s hot wallet and multiple deposit addresses to a TRON address. The USDT amount was valued at roughly $16 million, while the reported TRX amount was 5,783.81 tokens.

The activity was detected on Oct. 21. The largest single transaction accounted for 15.819002 million USDT, just under the full 15.99 million USDT reported in the movement. That distinction separates the biggest individual transfer from the broader amount attributed to the overall flow. After receiving the funds, the TRON address split them across multiple transactions.

Some later transactions reached deposit addresses at Binance, OKX and Gate. The reported sequence runs from CoinDCX’s hot wallet and several deposit addresses, through a TRON address, and then to deposit addresses at the three platforms. Darcy characterized the activity as a suspected theft.