CoinDCX Crypto Heist: Bengaluru Techie Held as $43.4M Stolen via His Credentials

CoinDCX Crypto Heist: Bengaluru Techie Held as $43.4M Stolen via His Credentials

Police in Bengaluru, India arrested a CoinDCX software engineer in connection with the theft of 3.79 billion rupees ($43.4 million) in crypto assets from the exchange last month, the Times of India reported on Thursday.Local police identified the suspect as 30-year-old Rahul Agarwal, whose office-issued laptop credentials were allegedly used to access CoinDCX’s internal systems and initiate unauthorized transfers on July 19. The stolen assets we…

CoinDCX Engineer Arrested in $44 Million Crypto Theft; Insider Breach Suspected

Rahul Agarwal, a CoinDCX employee arrested in connection with the $44 million (₹379 crore) crypto theft. Investigations revealed that hackers compromised Agarwal's login credentials to access the system and siphon off $44 million.What Happened On July 19, CoinDCX detected suspicious activity starting with a test transfer of 1 USDT at 2:37 AM. By 9:40 AM, hackers had siphoned off $44 million in crypto assets, transferring them to six different w…

CoinDCX Employee Arrested Over Links To $44 Million Crypto Heist – Report

In a new development, Indian authorities have arrested one of CoinDCX’s employees for his alleged connection to the recent security breach that resulted in the massive crypto theft. Related Reading: Indonesia To Raise Tax Rates On Crypto Transactions, Miners Starting August Crypto Investigation Leads To Arrest On Thursday, local reports revealed that Bengaluru City police […]

Employee of Indian Exchange Arrested in $44M Crypto Hack, Malware Blamed – Crypto News Bitcoin News

Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft but downplay the chances of recovery. Malware Infiltration Leads to Major Heist Indian police have arrested an employee of the crypto exchange CoinDCX in connection with a $44 million cryptocurrency theft, but authorities admit they face […]

CoinDCX Employee Arrested Over $44M Exchange Hack

In brief Bengaluru police say hackers used a fake freelance job to trick a CoinDCX employee into installing malware on his office laptop, which was later exploited to steal $44 million (₹379 crore) from the exchange’s liquidity wallet. The employee, now in custody, claimed he was unaware of the breach; police say tracing the funds has been difficult due to cross-border wallets and limited crypto regulation. CoinDCX confirmed no customer funds we…