# ZachXBT Says $15.8 Million in CoinDCX User Deposits Remain Unverified

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/38240
Published: 2026-10-22T19:09:13.000Z
Updated: 2026-10-22T19:09:13.000Z
Section: Technology

> He tied the claim to address TQKJQ, which he said continued routing deposits after the July 2025 incident. CoinDCX said the addresses were old and user funds were safe.

Blockchain investigator ZachXBT said $15.8 million in CoinDCX user deposits remained unverified, pointing to activity at a deposit address months after the Indian exchange’s July 2025 security incident.

ZachXBT said address TQKJQ remained in use by a liquidity provider for 10 months after the incident. He said it routed customer deposits to a publicly identified CoinDCX hot wallet and received gas fees in April and May 2026.

CoinDCX called the claims misleading and said the transactions involved old wallet addresses created in January 2025 and exposed in July 2025. The exchange said user funds were safe.