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CoinDCX Engineer Nabbed in $43.4M Crypto Heist Fallout—Here’s What Went Down

CoinDCX Engineer Nabbed in $43.4M Crypto Heist Fallout—Here’s What Went Down

Author:
Coindesk
Published:
2025-08-01 08:46:44
19
1

CoinDCX Engineer Arrested Following July's $43.4M Exploit: Report

Crypto exchange CoinDCX reels as authorities arrest an engineer linked to July’s $43.4M exploit. Was it an inside job or just another day in DeFi’s wild west?

Behind the Breach: The $43.4M Hole

Sources confirm the suspect played a technical role in the platform’s infrastructure—now investigators are tracing whether the exploit was a sophisticated hack or a backdoor left ajar. Either way, the money’s gone, and the crypto community’s left picking through the rubble.

Regulators Circle as Trust Erodes

With yet another exchange bleeding funds, skeptics are dusting off their "told-you-so" tweets. Meanwhile, traders shrug and ape into the next memecoin—because nothing teaches lessons like losing other people’s money.

|Square

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