CoinDCX Software Engineer Arrested After $44 Million Crypto Exchange Hack
The arrest marks a major breakthrough in one of India’s biggest crypto heists and reveals how hackers used employee targeting to breach exchange security.
A software engineer at India’s largest cryptocurrency exchange has been arrested in connection with a $44 million theft that rocked the platform in July.
Employee Tricked Into Installing Malware
Bengaluru police arrested Rahul Agarwal, a 30-year-old software engineer who worked at CoinDCX for over two years. Investigators say hackers posed as recruiters offering freelance work to trick Agarwal into downloading malicious software on his company laptop.
The attack happened on July 19, 2025, when someone used Agarwal’s login details to access CoinDCX’s internal systems. At 2:37 AM,…
