PANews reported on July 20 that "chain detective" ZachXBT previously disclosed that the Indian crypto exchange CoinDCX was hacked. Its co-founder Sumit Gupta reiterated on the X platform that customer funds are safe, all user assets are stored in isolated cold wallets, and the incident is limited to a single operational liquidity provider account. Transactions and withdrawals are proceeding normally. CoinDCX is working with law enforcement agencies to recover the stolen funds and is about to launch a recovery bounty program.