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The Indian encryption exchange CoinDCX denies transferring user funds after the accusations from WazirX.
PANews, July 13, reported by CoinDesk, CoinDCX CEO Sumit Gupta has refuted allegations of transferring user funds to non-compliant entities in Lithuania. These allegations were made by WazirX, which is under scrutiny following a $230 million Hacker attack. Sumit Gupta emphasized that CoinDCX's user funds are held by the fully compliant Indian entity Neblio Technologies.