CoinDCX founder confirms platform hacked, assures investor fund and assets safe and unaffected

Crypto exchange CoinDCX co-founder Sumit Gupta confirmed reports of a security breach that wiped out $44 million from the exchange platform but assured investors that their funds and assets are safe and unaffected. He also clarified that all trading activity and withdrawals are functional as usual.

Hackers on Saturday (July 19) gained access to one of the company’s internal operational accounts that Gupta said is used only for liquidity to facilitate smoother trades and separate from the customers’ wallets on the platform.

“I confirm that the CoinDCX…