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CoinDCX employee arrested in connection with $44M crypto hack: Report

cryptoweekly by cryptoweekly
July 31, 2025
in bitcoin, News
0

CoinDCX operator Neblio reportedly filed a complaint against software engineer Rahul Agarwal after discovering that his credentials had been compromised through his work laptop.

An employee of CoinDCX, a cryptocurrency exchange that was hacked for $44 million in mid-July, was arrested in India in connection with a security breach, according to multiple local reports.

Bengaluru City police detained CoinDCX software engineer Rahul Agarwal after hackers allegedly managed to compromise his login credentials to siphon the exchange’s assets, The Times of India reported on Thursday.

The arrest followed a complaint and internal investigation by CoinDCX operator Neblio Technologies, which determined that Agarwal’s credentials had been compromised via his work laptop, allowing unauthorized access to the company’s servers.

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  • CoinDCX employee arrested in connection with $44M crypto hack: Report
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  • NFT sales surge to $574 million in July, second-highest in 2025
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