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FinTech

Bengaluru Techie Arrested In $44 Mn CoinDCX Crypto Heist


SUMMARY

Bengaluru Police arrested Rahul Agarwal, a software engineer at CoinDCX after hackers allegedly used his login credentials to exploit confidential financial processes

Agarwal denied any involvement in the theft but admitted to engaging in ‘moonlighting’

On July 19, CoinDCX suffered a cyberattack that drained $44.2 Mn from an internal wallet used for liquidity provisioning

Investigation into CoinDCX’s $44 Mn (nearly INR 380 Cr) crypto heist has led to a breakthrough with Bengaluru Police reportedly arresting a…



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