CoinDCX rolls out recovery bounty programme after $44.2 million theft

Indian cryptocurrency exchange CoinDCX, which recently suffered a theft of $44.2 million, or Rs 378 crore, on Monday announced to offer up to 25% of recovered funds as a reward for information that helps in the retrieval of stolen assets and identification of the culprits.

The CoinDCX Recovery Bounty Program calls on ethical hackers, white-hat researchers, and partners across the ecosystem “not just to recover funds, but to rally the Web3 community in the fight against cybercrime”.

Up to “25 per cent of all successfully recovered funds will be awarded…