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Indian trading platform hacked, customer asset security not affected.
[Coin World] The co-founder of a certain exchange in India stated: "One of our operational accounts used internally to provide liquidity at partner exchanges was compromised due to a complex server intrusion. I confirm that the wallet of this exchange used to store customer assets was not affected and is completely secure. Before sharing further details, I would like to emphasize the following points: - No user funds were affected; - User assets are completely safe and protected within cold wallet infrastructure; - All trading activities and INR withdrawals are operating normally. The incident was quickly controlled by isolating the affected operational account. Since our operational accounts are separate from customer wallets, the risk is limited to this specific account, and will be entirely borne by us—paid from our own reserves. Our internal security and operations teams are working around the clock with leading cybersecurity partners to investigate this matter, patch any vulnerabilities, and track the flow of funds. We are collaborating with our exchange partners to prevent and recover assets, including the upcoming launch of a bug bounty program. Every security incident is a learning opportunity, and we will learn from this event to further strengthen our platform."