Indian cryptocurrency exchange CoinDCX said activity involving its TQKJQ wallet resulted from users continuing to send assets to deposit addresses generated before and later compromised during its July 2025 security incident. It said a reconciliation and custody process for those deactivated addresses temporarily failed, causing operational losses it would absorb, while affected accounts were credited and customer assets remained in segregated cold wallets. The explanation followed transfers of approximately 15.99 million USDT and 5,784 TRX from linked Tron addresses between Oct. 21 and 22, 2026. After CoinDCX disclosed approximately $16 million in stolen or lost assets, on-chain analyst ZachXBT urged users to withdraw, alleging that co-founders had initially denied a hacking incident and criticizing the exchange's transparency. Onchain Lens and others also questioned the exchange's accounting and transaction routes. Available transaction data has not independently established a new breach, confirmed wallet ownership or demonstrated customer losses.