In brief CoinDCX said the FIR against its co-founders is “false” and part of a “conspiracy” involving impersonators using its brand to defraud investors. The exchange warned that “CoinDCX is being targeted by fraudsters,” adding that it has reported over 1,212 fake websites mimicking its

The founder of Indian cryptocurrency exchange CoinDCX has been arrested by police on suspicion of fraud. The incident originated from a complaint filed by an insurance advisor who claimed to have suffered losses on an unofficial website. CoinDCX has denied the allegations, stating that the fraudulent activity was carried out by counterfeit websites, and indicated that it has reported multiple fake sites. This arrest marks the second police incident involving the company within the past year.

CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal were reportedly drawn into a police investigation in India over the weekend tied to an alleged cryptocurrency-related fraud case, with conflicting reports on whether the pair were formally arrested or questioned. CoinDCX Calls FIR ‘False’ as

Fidelity Investments has launched its first Solana exchange-traded fund featuring staking, as institutional interest in SOL-backed financial instruments continues to grow. Fidelity Enters the Solana ETF Arena Fidelity introduced the Fidelity Solana Fund (FSOL) on Tuesday, positioning it as the fir

The lawsuit by Fir Tree against Digital Currency Group and Genesis Global Capital over misleading statements about a $600 million promissory note highlights significant transparency issues in the cryptocurrency industry, potentially impacting market stability and investor confidence.