CoinDCX Founders Arrested in $85,000 Crypto Fraud Linked to Impersonator Network

BitcoincomNews · 2026-03-22T07:40:48+00:00

CoinDCX co-founders were arrested for alleged fraud involving 71 lakh rupees ($85,000), but the company claims the fraud was perpetrated by impersonators and not by the founders themselves.

BitcoincomNews

2026-03-22 07:40:48

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The co-founders of CoinDCX, one of India’s largest cryptocurrency exchanges, were arrested and questioned by police this week in connection with an alleged fraud totalling roughly 71 lakh rupees ($85,000) — a case the company says was carried out entirely by scammers impersonating them, not by the founders themselves.

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