CoinDCX Fires Back: Indian Exchange Denies WazirX’s User Fund Movement Allegations

Another day, another crypto drama—this time with a Bollywood twist. India's CoinDCX just slammed the brakes on accusations from rival WazirX about mishandling user funds. Cue the defensive press releases.

The accusation: WazirX—no stranger to controversy—implied CoinDCX played fast and loose with customer assets. The kind of claim that makes regulators reach for their rulebooks.

The rebuttal: CoinDCX shot back with a textbook 'nothing to see here' statement. No funds moved, no rules broken—just good old-fashioned FUD, apparently. Because nothing says 'trust us' like a public spat between exchanges.

Meanwhile, traders eye their wallets nervously. After all, when elephants fight, it's the grass that suffers—or in this case, the retail bagholders. Ah, crypto: where the only thing more volatile than the market is the drama between the platforms that trade it.