CoinDCX Launches $11M Anti-Fraud Initiative
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
CoinDCX, a cryptocurrency exchange, secures a significant victory in an Indian court, clearing its founders of fraud charges. In response, they launch a $11 million anti-fraud initiative, the Digital Suraksha Network, to combat impersonators and cyber scams. The network includes a 24/7 WhatsApp helpline, an open API sharing fake site databases, blockchain tracking training for cybercrime teams, and a user awareness campaign. CoinDCX, valued at $2.45 billion, positions this as a comprehensive industry defense.
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