Clarification on the recent news regarding fraud on CoinDCX App:
We've learned of users having reported fraud related to the use of CoinDCX's App through this recent media outlet's article.
We would like to confirm that no such incident has occurred on the CoinDCX App or website, and this issue appears to be, unfortunately, a case of fake website scams which are rampant in the industry.
It's important to note that several fake websites/URLs are in operation, mimicking exchanges to deceive users, a challenge faced by many fintech players and financial apps.
Swiftly, we have reported these threats to CERT. We want to reiterate: the safety and security of users' funds are our absolute top priorities.
Proactively, we are intensifying our efforts to educate users across multiple channels on this critical issue.
Despite the unsettling nature of such incidents, we emphasize the paramount importance of vigilance. We request our users to exercise utmost caution and promptly report anything suspicious. Your collaboration is pivotal in upholding a secure and trustworthy environment for our community.
https://t.co/dhm7D6YzMb
We take any reports of fraudulent activity seriously and have, in fact, worked with the cyber cell and MeITY on such matters.
Our top-notch security team conducts rigorous checks and has uncovered over 80 fraudulent websites/URLs in the recent past, masquerading as the CoinDCX exchange. We have stated this before and want to reinforce again: the safety and security of users' funds are our absolute top priorities.
As on this matter, we are getting more details and will continue to support in any manner possible both consumers and regulatory authorities.
Rest assured, your safety and security stand as our unwavering and highest priorities.
More information: -๐๐ผ
1. https://t.co/FVbivqdnCu
2. https://t.co/UKkw50nb1w
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