CoinDCX Rebukes Fraud Allegations, Points to Impersonation Scam in Police Probe

CoinDCX has denied allegations of fraud amid an ongoing police investigation, asserting that the claims stem from an impersonation scam targeting its users. The cryptocurrency exchange emphasized that it is cooperating with law enforcement to address the issue and protect its customers. CoinDCX highlighted that the impersonators were misleading users to gain access to their accounts and funds. The exchange reassured its commitment to security and urged users to remain vigilant against such scams.

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