💥 $44M Stolen from CoinX — But User Wallets Are Safe! 🔐🚫
On July 19, hackers drained $44M from CoinX’s internal hot wallet—no customer funds touched as they were stored in cold wallets ❄️.
👀 Blockchain sleuth ZachXBT flagged it 17 hours before CoinX did, raising transparency concerns.
🛡️ CoinX’s Response:
Covering full loss from treasury 💼
Launched $11M bounty for recovery 🧑💻
INR withdrawals & trading still active ⚙️
⚠️ India’s 2nd-largest crypto hack highlights urgent need for infra security upgrades and stricter regulations 📉
💬 Can bounty hunters help recover stolen funds?
👇 Drop your thoughts!
#CoinX #CryptoHack #BinanceSquare #Web3 #Security #ZachXBT #ColdWallet
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