$44,200,000 Vanishes From Crypto Exchange After Internal Account Compromised in Server Breach

Description

One of the largest crypto exchanges in India just lost millions of dollars worth of digital assets following a security breach first reported by the pseudonymous on-chain investigator ZachXBT. In a post on the messaging platform Telegram, ZachXBT says that an attacker siphoned $44.2 million from CoinDCX and bridged some of the stolen funds from Solana ( SOL ) to Ethereum ( ETH ). CoinDCX co-founder and CEO Sumit Gupta later confirmed the unauthorized withdrawals in a post on the social media pla...