🚨 ALERT: $44M Drain Linked to CoinDCX Exchange — No Official Word Yet

According to on-chain investigator ZachXBT and security firm Cyvers, Indian crypto exchange CoinDCX may have suffered a major security breach involving ~$44.2 million in losses.

🔍 The attack trail:

• Funds bridged from Solana to Ethereum

• Tornado Cash used for obfuscation

• Multiple wallets traced, but no formal disclosure yet from CoinDCX

The on-chain flow diagram shows complex asset movements, raising transparency concerns.

🧠 If confirmed, this could be one of the largest undisclosed incidents in India’s crypto space.