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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
20
2
Crypto exchange security takes another hit as authorities arrest a CoinDCX engineer linked to July's $43.4M exploit. The breach—one of 2025's biggest crypto heists—exposes yet another gap in centralized platforms' 'fortress' security.
How the exploit unfolded:
Insider access meets smart contract loopholes. Reports suggest the engineer exploited backend vulnerabilities during a routine system upgrade—turning admin privileges into a $43.4M payday. Forensic auditors are still tracing the fund flow through mixer protocols.
The irony? This happened just weeks after CoinDCX's 'unhackable infrastructure' marketing campaign. Another reminder that in crypto, the biggest risks often wear lanyards instead of hoodies.
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