CoinDCX reiterates the security of customer funds and is about to launch the Bounty Program restoration.
Jinse Finance reported that Sumit Gupta, co-founder of the Indian cryptocurrency exchange CoinDCX, which was disclosed to have encountered a hacker attack by the "on-chain detective" ZachXBT, reiterated on the X platform that customer funds are safe. All user assets are stored in isolated Cold Wallets, and the incident is limited to a single operational Liquidity providing account, with trading and withdrawals proceeding normally. CoinDCX is working with law enforcement to recover the stolen funds and is about to launch a recovery Bounty Program.