CoinDCX Absorbs $15.99M USDT Loss From Deprecated Wallet Exploit

The key point is operational, not financial: CoinDCX is treating a process failure—a broken auto-sweep that let deposits pool at a known-compromised address—as an absorbable cost rather than a solvency event, and the separation of customer assets into cold storage is what makes that credible. The reputational test is whether users accept that framing, since the loss stems from a wallet the exchange itself had abandoned months earlier. Whether other exchanges disclose similar dormant-wallet exposure, and whether CoinDCX details how the sweep failure went undetected, are the open questions worth watching.