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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:
CoindeskEN
Published:
2025-07-12 20:29:22
15
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 is pushing back hard against allegations from rival WazirX about mishandling user funds. Cue the dramatic courtroom music.

The accusation? That CoinDCX quietly moved customer assets without permission. The denial? Absolute and immediate—with all the subtlety of a Bitcoin bull run.

Behind the scenes, this spat highlights the Wild West nature of crypto regulation in India. Exchanges are scrambling to prove they're cleaner than a Swiss bank vault—while regulators watch like hawks (or vultures, depending on who you ask).

One thing's certain: in the high-stakes world of crypto, trust evaporates faster than a memecoin's market cap. Maybe they should've stuck with good ol' gold bars—at least those don't come with Twitter drama.

|Square

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