ZachXBT: Indian Cryptocurrency Exchange CoinDCX Reportedly Experiences Breach, Losing Approximately $44.2 Million

ZachXBT posted on his personal channel that "It appears India's centralized exchange CoinDCX may have been hacked approximately 17 hours ago, losing about $44.2 million, but has not yet disclosed this event to the community.

The attacker's address initially received 1 $ETH as seed funding through Tornado Cash, then transferred some of the stolen funds from Solana to Ethereum. Thanks to @Cyvers for alerting me to these suspicious transfers. The affected CoinDCX hot wallet has not been publicly identified and is not included in the current reserve proof, so I can only manually identify ownership by reviewing the counterparty addresses.

The theft address is as follows:

6peRRbTz28xofaJPJzEkxnpcpR5xhYsQcmJHQFdP22n

3btch8cSVp3Uh2SiY9DeiRNYUBmFiBNHZQzDyecJs7Gu

0xEF0c5b9E0E9643937D75C229648158584A8CD8D2」