BlockBeats news, on July 20, Sumit Gupta, co-founder of the Indian crypto trading platform CoinDCX, reiterated the safety of user funds on the platform, stating that all user assets are stored in isolated cold wallets. The incident is limited to a single operational liquidity provision account, and trading and withdrawals are proceeding normally. CoinDCX is working with law enforcement to recover the stolen funds and will soon launch a bounty program.