Tether has frozen 9 addresses related to the CoinDCX security incident, involving 2.2129 million USDT

Oct 25, 2026 14:15:57

According to Salus monitoring, Tether has blacklisted 9 addresses related to the CoinDCX security incident and frozen 2,212,850.3 USDT.

The investigation began when investigator Darcy discovered an unusual transfer of approximately 15.99 million USDT. CoinDCX co-founder Sumit Gupta initially claimed that no security breach had occurred. Subsequently, Salus raised questions based on the transfer situation of the "proof of reserves" addresses and the TRX distribution pattern, prompting the parties involved to respond and providing Tether with verifiable on-chain evidence, allowing it to take appropriate action.

Recent Fundraising

More
Oct 24
$4.9MOct 24
Oct 23

New Tokens

More
Dec 31
Dec 31
SSaturnSTRN
Dec 31

Latest Updates on 𝕏

More
Oct 24
Oct 24
Oct 23