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Review with consequences: how one click cost millions

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🔓 Hackers breached CoinDCX exchange through an employee’s laptop

Indian police found that the cause of the CoinDCX crypto exchange hack was malware installed on an employee’s work laptop.

Hackers offered him a side job and, gaining his trust, secretly infected the corporate device. This gave the attackers access to the exchange’s internal wallets and allowed them to withdraw cryptocurrency worth around $44 million.

The exchange announced a reward – 25% of the recovered amount will be given to those who help find and return the stolen assets.

According to law enforcement, the CoinDCX employee named Rahul Agarwal earned $17,000 for participating in the “side job.” Agarwal had worked at the company for three years. At first, he performed simple tasks (like writing reviews) from his personal laptop. Later, he switched to working on the corporate device, which allowed hackers to install malware and gain control over the internal wallet.

Funds were transferred to six external crypto wallets.

👨‍💻 Neblio Technologies’ Vice President for Government Policy, Hardip Singh, confirmed that the total loss amounted to $44 million.

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