In a new development, Indian authorities have arrested one of CoinDCX’s employees for his alleged connection to the recent security breach that resulted in the massive crypto theft.

Crypto Investigation Leads To Arrest

On Thursday, local reports revealed that Bengaluru City police had arrested Rahul Agarwal, a software engineer working at CoinDCX, on Saturday for his involvement in the recent crypto hack.

The arrest follows a July 22 complaint filed by CoinDCX’s parent company, Neblio Technologies, after finding that hackers compromised Agarwal’s login credentials. The software engineer had reportedly been working with the crypto exchange over the past three years and had a “well-paying role” at the company.

According to The Times of India, Hardeep Singh, Vice President for Public Po

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