ZachXBT Warns Users to Withdraw Assets from CoinDCX

ZachXBT has warned users to withdraw all funds from the Indian cryptocurrency exchange CoinDCX, emphasizing asset safety. He accused the co-founder of CoinDCX of denying the theft of assets until later revealing a theft incident involving approximately $16 million, arguing that the exchange failed to disclose the situation transparently and in a timely manner. ZachXBT also referred to the CoinDCX co-founders as a bunch of clowns, running the operation like a farce, and criticized other Indian centralized exchanges such as WazirX and BitBNS.

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