🚨“Sophisticated social engineering attack”

CoinDCX declined to confirm or deny Agarwal’s arrest to Cointelegraph, referring to an X post by CoinDCX co-founder and CEO Sumit Gupta, who told the public on Thursday that the exchange cannot engage with media amid an ongoing investigation.

“Based on our internal preliminary findings, this appears to be a sophisticated social engineering attack,” Gupta said in the post, adding that employees are often targeted in such attacks.$ETH