🚨 𝐒𝐎𝐌𝐄𝐓𝐇𝐈𝐍𝐆’𝐒 𝐍𝐎𝐓 𝐑𝐈𝐆𝐇𝐓 𝐀𝐓 @CoinDCX

India’s biggest #crypto exchange Coindcx is going through a major leadership shakeup.

CTO Vivek Gupta, who’s been with the company since 2020, and the Head of Legal Affairs have both announced that they’ll be leaving by the end of June.

Officially, they said this is part of a “transition phase.”

But according to reports, Vivek’s exit was triggered by internal disagreements and growing friction within the company.

And it’s not just the leadership that’s taking a hit, the numbers don’t look too good either.

->> The parent company Neblio Technologies has reported a 45% drop in profits compared to last year.

->> Revenue also fell by 12.4%, now standing at ₹391 crore.

CoinDCX has confirmed they are rebuilding their leadership team and will be hiring for key senior positions like Chief Financial Officer and General Counsel.

It’s a critical moment for #CoinDCX, leadership exits, financial dips, and restructuring all at once.

Is CoinDCX heading for a deeper crisis, or is this just a reset before the next big phase? 👇

Credit: Crypto Bharat