An X post by Sumit Gupta, CEO of Indian cryptocurrency exchange platform CoinDCX, announced a loss of around Rs 368 Crore from a “sophisticated security breach” on July 19, 2025. He further elaborated and assured customers that no customer funds were impacted and the losses would be absorbed by the company’s “treasury reserves”. The crypto hack compromised and entirely drained an internal operational account used for liquidity provisioning.
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