According to CoinMeta, Zachxbt warns users to withdraw all their funds from CoinDCX as the exchange has acknowledged the $16 million loss it initially denied. The co-founder of CoinDCX claimed that the wallet "was not attacked" and urged users not to "spread rumors." Zachxbt stated that one of the addresses referred to by CoinDCX as old addresses was still sending user deposits to its current hot wallet. A few hours later, CoinDCX admitted that the liquidation process conducted on these compromised addresses was a failure, resulting in "operational losses." CoinDCX indicated that the losses had been absorbed and that users' funds were "completely safe." Zachxbt accused the founder of "telling blatant lies or gross negligence." This Indian exchange suffered a hack in July 2025, resulting in a loss of $44 million.