CoinDCX pledges Rs 100 crore for cyber safety push after founders' arrest
30 Mar 2026, 09:28 PMThe initiative includes a round-the-clock WhatsApp helpline where users can flag suspicious links, platforms, or investment offers before acting on them.
Share the story on
Crypto exchange CoinDCX has announced a Rs 100 crore initiative called the Digital Suraksha Network, aimed at tackling digital fraud across India's financial ecosystem.
The announcement follows a fraud case involving an impersonation website that led to the temporary arrest of CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal. The founders have since been granted bail.
The court noted that no prima facie case was established against the founders and that no transactions were processed through the exchange itself.
The company explained that the scam was carried out through a counterfeit domain with no ties to CoinDCX's platform or systems.
On the ground, the initiative includes a round-the-clock WhatsApp helpline where users can flag suspicious links, platforms, or investment offers before acting on them.
The company also plans to release an open fraud intelligence API that will share data on fake domains in real time. CoinDCX said it has already flagged more than 1,200 websites impersonating its brand.
The fund will also go toward training cybercrime units in blockchain forensics and digital asset tracking, alongside a nationwide awareness drive called Caution Before Transaction to promote safer habits among users.
The company pointed to the growing complexity of cross-border fraud networks and AI-assisted scams as key reasons the problem demands a collective response from exchanges, banks, fintech companies, and regulators under a shared safety infrastructure.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
