TechFlame news: On July 31, according to Financefeeds, Rahul Agarwal, a software engineer at Indian cryptocurrency exchange CoinDCX, was arrested by Bengaluru police in a previous crypto asset theft case.

The incident occurred on July 19, and CoinDCX discovered a massive unauthorized outflow of funds from its wallet, involving an amount of $44 million. Investigations revealed that suspect Agarwal was tricked into installing malware on the company's laptop by fake freelance recruiters, causing his login credentials to be stolen. The police have brought criminal charges against him, including identity theft and breach of trust