Announcing CoinDCX Recovery Bounty Program: Because this is bigger than us

Cybercrime is an attack on trust. And when one of us is targeted, all of us feel it.

These past few days have been tough. One of our operational accounts was targeted in a cyberattack. But this isn’t just about the stolen assets. It’s about what all of us in Web3 are building together: freedom, transparency and trust. 

Hence, we are doing what we believe is the right thing to do – announcing the CoinDCX Recovery Bounty Program with a simple intention: to rally our ecosystem against cybercrime. Up to 25% of any recovered funds will be awarded to individuals or teams who can help trace and retrieve the stolen crypto, but more importantly assist in the identification and conviction of those involved.

We want to be upfront – the loss was from our own treasury, and we’ve already absorbed it through our reserves. CoinDCX remains financially strong and fully operational. Our wallet systems were never compromised, but we’ve still gone deeper – tightening security and redesigning parts of our infrastructure to ensure this never happens again. 

For us, this bounty program is not about the money. We’re not doing this to chase what was lost – we’re doing this to protect what still can be saved: our collective trust. We know we’re not perfect. But we have always built with intent and integrity. This bounty is not a cry for help – it’s a stand for the future. If this can happen to us, it can happen to anyone. But if we act together now, we can set a new standard for response and recovery.

Program Details

• Bounty Reward: Up to 25% of all successfully recovered funds.
• Potential Pool: Up to $11 million, if full recovery is achieved.
• Objective: Reward program participants who assist in locating, securing, and retrieving these funds back to CoinDCX.

This is open to ethical hackers, white-hat researchers and anyone committed to making crypto safer.

Qualification details

• 12.5% to the entity that assists in freezing the funds. To qualify for the reward, the freeze must be the first effective and sustained restriction that remains active until the funds are successfully recovered.
• 12.5% to the first reporters who helped trace the funds up to the stage of successful freezing.

Please note that the bounty will be paid once select/all frozen assets have been recovered. A participant can fulfil both roles and be eligible for the bounty reward.

Bounty Payment Terms

• Bounties will be paid proportionate to the amount recovered, and out of those returned funds only.
• Payouts will be made directly to the contributor’s wallet address within 2-4 weeks.
• Bounty payouts are not automatic and will be done on request.
• Each request is audited and verified.

Where do things stand?

All balances of wallets as of 9:40 AM IST, 21 July 2025

• 0xEF0c5b9E0E9643937D75C229648158584A8CD8D2 : $43,038,946.80 : https://intel.arkm.com/explorer/address/0xEF0c5b9E0E9643937D75C229648158584A8CD8D2
• FjHQU798zWpUUQ3J3U2dadc6xSgsoJx61skyKLQNrkme : $748,811.21 : https://intel.arkm.com/explorer/address/FjHQU798zWpUUQ3J3U2dadc6xSgsoJx61skyKLQNrkme
• 6peRRbTz28xofaJPJzEkxnpcpR5xhYsQcmJHQFdP22n : $2.24 : https://intel.arkm.com/explorer/address/6peRRbTz28xofaJPJzEkxnpcpR5xhYsQcmJHQFdP22n
• Cmb8R9Zuo3SBt6PBNoYLtMrTtrMGm2k6xJeYs68pdXfg : $60 : https://intel.arkm.com/explorer/address/Cmb8R9Zuo3SBt6PBNoYLtMrTtrMGm2k6xJeYs68pdXfg
• CFyirkSrwxmtGYM1AYJkexrcNmGfYLZnjwbJwvs3AvcZ : $180 : https://intel.arkm.com/explorer/address/CFyirkSrwxmtGYM1AYJkexrcNmGfYLZnjwbJwvs3AvcZ
• E48J4WuXAxfp76KVsSb7J7C4jQEdfp5HMvfnFE9v62FU : $1.65 : https://intel.arkm.com/explorer/address/E48J4WuXAxfp76KVsSb7J7C4jQEdfp5HMvfnFE9v62FU
• 3btch8cSVp3Uh2SiY9DeiRNYUBmFiBNHZQzDyecJs7Gu : $2.67 : https://intel.arkm.com/explorer/address/3btch8cSVp3Uh2SiY9DeiRNYUBmFiBNHZQzDyecJs7Gu

We acknowledge and appreciate the effort of our partners, esp Sygnia, zeroShadow, Seal911 who are already on it and helping us trace the funds and identify the culprits. We are also humbled with the collaborative approach from the ecosystem especially the Solana Foundation, Superteam, and our bridge partners Wormhole and deBridge.

How to join the effort?

If you believe you can help, please visit CoinDCX Recovery Bounty to join the effort. Every credible lead will be reviewed with complete fairness and transparency. And again – this isn’t about the recovery of funds, but protecting the future of crypto. 

We will keep publishing verified updates as new traces and patterns emerge. In the meantime, thank you to everyone who has reached out with support and advice. We will get through this – stronger, together.

Frequently Asked Questions