# Mumbai Police

Type: organization

Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/mumbai-police
Canonical HTML page: https://getcryptobrief.com/entity/mumbai-police

## Timeline

- **2026-03-22**: Company Defense — CoinDCX issues a public statement labeling the FIR a result of an 'impersonation conspiracy.'
- **2026-03-21**: Founders Arrested — Mumbai police register an FIR and arrest co-founders Sumit Gupta and Neeraj Khandelwal.
- **2026-01-31**: Fraud Scale Reaches Peak — Total identified fraudulent websites mimicking CoinDCX surpasses 1,200.
- **2025-06-15**: $44M Cyberattack — Hackers breach an internal operational account, stealing assets worth $44 million.
- **2024-04-01**: Clone Network Emerges — CoinDCX begins tracking a massive network of fraudulent websites mimicking its interface.

## Recent coverage (1 stories)

### CoinDCX Founders Arrested in Mumbai Amid Alleged $85K Impersonation Scam
2026-03-23 00:39:27 · Sentiment: Bearish · Impact: 7/10 · Sources: 2

Sumit Gupta and Neeraj Khandelwal, co-founders of Indian crypto exchange CoinDCX, have been arrested following an FIR alleging a Rs 71 lakh (~$85,000) fraud. The company maintains the arrests stem from a sophisticated impersonation conspiracy involving over 1,200 clone websites used to scam investors.
Full story: https://getcryptobrief.com/story/coindcx-founders-arrested-impersonation-fraud

---
This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getcryptobrief.com/guides/methodology for the full editorial methodology.