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

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