Two co-founders of crypto exchange CoinDCX, Sumit Gupta and Neeraj Khandelwal, have been arrested by police in connection with a fraud case involving cryptocurrency investments. The case is based on an FIR alleging that investors were cheated of around ₹71 lakh.
According to reports, the arrests were made after complaints related to fraudulent schemes and misleading investment offers. The founders were taken into custody and presented before a court as part of the ongoing investigation.
However, CoinDCX has strongly denied all allegations. The company stated that the fraud was carried out by scammers impersonating the brand and its founders through fake websites and platforms. It clarified that these activities were not linked to the company and that it is cooperating fully with authorities.
The case highlights growing concerns around crypto-related scams and brand impersonation in India’s digital finance ecosystem.
Crypto exchange CoinDCX ke co-founders, Sumit Gupta aur Neeraj Khandelwal ko fraud case me police ne arrest kiya hai. FIR ke mutabik, lagbhag ₹71 lakh ka fraud hua hai jahan investors ko crypto investment ke naam par dhokha diya gaya.
Reports ke according, yeh case fake investment offers aur scam se juda hai, jisme founders ko investigation ke liye custody me liya gaya hai.
Lekin CoinDCX ne in sab allegations ko galat bataya hai. Company ka kehna hai ki yeh fraud asli me scammers ne kiya hai jo fake websites aur identity use karke CoinDCX aur uske founders ka naam misuse kar rahe the.
Company authorities ke saath cooperate kar rahi hai aur bola hai ki iska unke platform se direct connection nahi hai.
Simple words me, yeh case crypto scams aur online impersonation ke badhte risk ko highlight karta hai.
This news is for information only and is not investment advice. Please do your own research before making investment decisions.