On September 3, 2025, Indian crypto exchange CoinDCX experienced a major security breach.
A DevOps engineer is accused of exploiting internal systems to carry out the hack.
Approximately $44 million worth of digital assets were reportedly stolen.
Authorities arrested the engineer in connection with the breach.
The incident stands as one of India’s largest crypto exchange th
efts to date.
CoinDCX’s security practices and internal controls are now under scrutiny.
The event raises questions about crypto exchange custody and insider risk.
Investor confidence may be shaken amid rising adoption trends.
Regulatory frameworks and insurance mechanisms are now drawing
focused attention.
Crypto security governance has become a high-priority topic following today’s dis
closure.