🚨 ₹378 Crore Crypto Heist Shocks Bengaluru: Insider in Custody!
📍 Location: Bengaluru | 🗓️ Date: July 30, 2025
A high-stakes cyberattack has rocked India’s crypto scene. Bengaluru-based Neblio Technologies Pvt. Ltd., a growing cryptocurrency exchange, fell victim to a massive ₹378 crore hack that has left the industry reeling. 💸
🔍 What Happened?
Hackers successfully infiltrated the company's hot wallet after breaching a compromised laptop belonging to one of the firm’s employees. The stolen funds were quickly siphoned through multiple wallets, making recovery a challenge. 🖥️💀
🚔 Insider Under Arrest
In a stunning twist, investigators have arrested an employee suspected of aiding the hackers. Authorities believe the insider may have knowingly—or unknowingly—provided access to the wallet infrastructure.
⚠️ Industry on High Alert
This incident highlights growing concerns around internal security threats and poor cyber hygiene in Web3 startups. Experts are calling for enhanced cybersecurity protocols and mandatory employee training on phishing and malware threats.
🗣️ Why It Matters
As crypto adoption rises in India, so do the risks. This is a wake-up call for all exchanges to double down on security, transparency, and internal checks