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Crypto

CoinDCX Co-Founders Questioned Over Alleged Investment Scam

Guavy AI Editorial Team
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CoinDCX, India's largest cryptocurrency exchange by valuation, is facing trouble after being summoned for police questioning following a fraud complaint.

The co-founders of CoinDCX, Sumit Gupta and Neeraj Khandelwal, were questioned by Thane Police in connection with a First Information Report filed on March 16.

The complainant, a 42-year-old insurance consultant from Mumbra, alleged losses of ₹71.6 lakh (roughly $85,000) after investing in a scheme that promised 10-12% returns between August 2025 and March 2026.

CoinDCX denied any wrongdoing, saying the fraud was carried out through a fake website impersonating the platform's domain coindcx.pro, which has no connection to its official coindcx.com platform.

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