Indian crypto exchange CoinDCX confirms $44M stolen during hack
India’s largest crypto exchange CoinDCX has confirmed that one of its internal operational accounts was compromised in a recent security breach, allowing the hackers to make off with millions in crypto.
On Saturday, CoinDCX co-founder and CEO Sumit Gupta disclosed in a post on X that an internal account “used only for liquidity provisioning on a partner exchange” was compromised during the hack. The executive assured that the incident did not affect customer funds and that all its customer assets remain secure.
Earlier in the day, crypto security researcher ZachXBT reported that around $44.2 million was drained from CoinDCX’s coffers due to the incident.
“The attacker address was funded with 1ETH [Ethereum] Tornado…
