Key Notes
Bengaluru police says the hacker in CoinDCX heist disguised as a recruiter.
As a result, 30-year-old Rahul Agarwal was swindled, serving as the attack conduit.
Meanwhile, CoinDCX has refuted claims of a Coinbase buyout.
Bengaluru police believe that they have identified the cause of the $44 million crypto heist that hit Indian cryptocurrency exchange CoinDCX.
The exploit involved hackers posing as recruiters to commit the malicious act that left the crypto exchange with a significant financial loss.
Coindcx staff role in $44 million hack
The Indian police claim that the hackers posed as recruiters to lure a CoinDCX software engineer, Rahul Agarwal, into installing malware on his company laptop per The Indian Express report .
Once a connection was established, the bad ac