CoinDCX Engineer Arrested Following July's $43.4M Exploit: Report

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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 were routed to six wallets in a coordinated breach,...