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CoinDCX Fires Back: Indian Exchange Denies Shifting User Funds Amid WazirX Drama

CoinDCX Fires Back: Indian Exchange Denies Shifting User Funds Amid WazirX Drama

Author:
Coindesk
Published:
2025-07-12 20:29:22
13
2

Indian Crypto Exchange CoinDCX Denies Moving User Funds After WazirX Allegations

Another day, another crypto controversy—this time with a Bollywood twist. India's CoinDCX just slammed allegations it moved customer funds after rival WazirX tossed the first stone. Cue the dramatic courtroom music.

Behind the crypto curtain

Exchanges throwing shade isn't new, but when two major Indian platforms go toe-to-toe, traders grab popcorn. No actual numbers were harmed in this allegation—just reputations and maybe some trust.

Trust us, we're crypto guys

CoinDCX's denial came faster than a memecoin pump. Their statement? 'Funds are SAFU'—though in corporate-speak. Meanwhile, regulators sharpen their pencils, because nothing says 'healthy market' like public spats between billion-dollar platforms.

Finance veterans shrug: 'At least they're not FTX.'

|Square

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