Indian crypto exchange CoinDCX says $44 million stolen from reserves

Indian crypto exchange CoinDCX says  million stolen from reserves

Over $44 million in cryptocurrency was stolen from India’s CoinDCX in a security breach that targeted an internal operational account, but user funds remained safe. The company is actively investigating, tracing the stolen assets, and offering a bounty for help in recovering the funds. #CoinDCX #CryptocurrencyTheft

Keypoints

  • CoinDCX experienced a $44 million theft from an internal operational account.
  • The incident did not impact customer wallets or user funds.
  • The company is working with security experts to trace and recover the stolen crypto.
  • Funds were linked to two wallets containing $27.6 million and $16.2 million, now empty.
  • CoinDCX offers rewards for assistance in recovering the stolen assets and identifying hackers.

Read More: https://therecord.media/indian-crypto-dcx-millions-stolen