# Onchain Lens Questions CoinDCX Wallet Flows After Security Dispute

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/38605
Published: 2026-10-23T02:41:08.000Z
Updated: 2026-10-23T02:41:08.000Z
Section: Technology

> It alleged that deposits reached a wallet excluded from the incident accounting before nearly matching funds were transferred out.

Onchain Lens has questioned CoinDCX’s handling of user deposits after an alleged security incident, saying deposits entered a wallet left out of the related funds accounting and nearly the same value later moved out.

The group said some transfers passed through less commonly used entry points and services for cross-chain bridges. It also alleged that funds suspected of links to CoinDCX hot wallets moved through over-the-counter (OTC) services and a mixer.

Onchain Lens said CoinDCX continued to deny that a security event occurred, even after researchers and onchain investigators presented evidence. The denial is part of the dispute raised by the wallet claims.

The claims focus on two parts of the funds trail: the wallet that allegedly received user deposits and the near-matched outflow that followed. Onchain Lens also pointed to bridge, OTC and mixing routes for funds it suspected were linked to CoinDCX hot wallets, broadening its challenge to the company’s denial. Together, the allegations concern deposit accounting and the later routing of funds.