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India's largest exchange denies hack after $16 million in suspicious outflows

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CoinDCX, India's largest exchange, denies its active wallets were hacked after blockchain sleuths flagged $16 million in outflows from addresses linked to it. CoinDesk

coindesk.comCoinDCX denies hack, blames broken clean up job for $16 million outflowCoinDCX denies its active wallets were hacked after sleuths flagged $16 million in outflows from addresses linked to the India-based exchange.

When an exchange's wallets show unusual outflows, what on-chain evidence would settle whether it was a hack or routine treasury movement?

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