The CoindCX Indian crypto -rope, which lost about $ 44.2 million during a hacker attack, launched a rewarding program. The exchange offered up to 25% of any returned amount for information that will allow the assets to return and identify the hacker.

The CoindCX leadership said that if the total amount of the amount is returned, the Fund will be $ 11 million. The co -founder of CoindCX Niraj Khandelwal said that to block and return the stolen funds, the Exchange was working with specialists in SYGNIA Cybersecurity, Zeroshadow and Zeroshadow and Zeroshadow and Zeroshadow and Zeroshadow Seal911, SOLANA FOUNDATION and SUPERTEAM organizations, as well as with Wormhole and Debridge bridges. The exchange also invited the White hackers and other security experts to participate in the rewarding program.

A significant part of the stolen funds of the exchange was stored in two wallets: one had about 155,830 SOL for $ 27.6 million, and in the other – about 4443 ETH for approximately $ 15.7 million. CoindCX officially did not name the total amount of stolen funds, but the security specialists from Cyvers reported that the attacker took the funds to the USDC stalcoins and USDT worth more than $ 44 million.

CoindCX General Director Sumit Gupta said that customer funds were not injured – one of the internal wallets of the platform was compromised.

In March, the Indian consumer rights department chose CoindCX for storing digital assets confiscated by local law enforcement officers during investigations. The exchange began to cooperate with the Indian authorities after hacking another cryptocurrency exchange, WAZIRX, with which $ 230 million cryptocurrencies were stolen.

WAZIRX launched a similar rewarding program, offering up to $ 23 million for assistance in the return of stolen digital assets. The WAZIRX exchange managed to freeze only a small part of the stolen funds – about $ 3 million – thanks to cooperation with law enforcement agencies. However, the bulk of the stolen assets was washed through cryptomixers, which complicates the return of funds.

Last year, Wazirx entered the crypto acting market of the Middle East and North Africa, acquiring a platform for the Bitoasis cryptocurrencies.