---
title: '₹72 Lakh CoinDCX Scam Exposed'
source: 'https://youtube.com/watch?v=CchV_pk8qts'
video_id: 'CchV_pk8qts'
date: 2026-08-08
duration_sec: 166
---

# ₹72 Lakh CoinDCX Scam Exposed

> Source: [₹72 Lakh CoinDCX Scam Exposed](https://youtube.com/watch?v=CchV_pk8qts)

## Summary

The video discusses the recent arrest of CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal following a fraud complaint of ₹71 lakh. It clarifies that the actual fraud was committed by scammers impersonating CoinDCX officials using a fake website, not by the exchange itself. The co-founders have since been granted bail due to lack of evidence.

### Key Points

- **Arrest of CoinDCX Co-founders** [00:02] — CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal were arrested after an FIR was filed alleging fraud of approximately ₹71 lakh.
- **Complainant's Story** [00:30] — A 41-42 year old complainant invested ₹71-72 lakh over a few months after being promised high returns by individuals claiming to be CoinDCX officials.
- **Victim's Loss** [01:01] — The victim was unable to withdraw money or contact the impersonators after investing.
- **Real Scam: Impersonation and Fake Website** [01:17] — Scammers created a fake website with a similar domain (e.g., coindcxpro) and impersonated CoinDCX officials to deceive the victim.
- **Bail Granted** [02:18] — The court granted bail to the co-founders, stating there was no prima facie evidence that they met the complainant.

## Transcript

invest in cryptocurrency overall, then you cannot miss this news at all.  I will tell you what happened. Just three-four days ago, Coin DCX co- founders Sumit Gupta and Neeraj Khandelwal were arrested for some questioning
as a report was filed at Mumra police station.  An FIR was lodged alleging that Coin DCX and its co-founders had defrauded a person of approximately ₹71 lakh.
Fraud has been committed.  The person who complained is around 4142 years old.  He wrote in his complaint that he had met the officials of Coin DCX and he was promised that if he
invests in Coin DCX, he will get very high returns and after hearing this, he invested around 71 to 72 lakhs in Coin DCX in a time period of a few months.  But he did not get any return.  Neither was
he able to withdraw his money nor was he able to contact the people who had met him on behalf of Coindix.  So if you use CoinDex, your heart will be beating very fast right now wondering what is going on.  But once you know the whole
truth.  After that you will be able to see things very clearly.  So what actually happened was that this uncle of ours, who is educated and aged 41-42, had never met any official of Coindix or the co-founder. These were received from scammers
claiming to be Coindix officials.  He had created a fake website exactly like Coindix.  But its domain was not coindx.com.  While coin was something like dcx pro. Those who filed this complaint are
completely convinced that I am transacting within Coin DCX only.  And in such a mistake, he went on making transactions on a website like Coin DCX Pro. And the fraudsters who met the people posing as DCX Coin
also gave some cash to those people, which in total amounted to around ₹71 lakh. But in reality, coin DCX is coin DCX.com and not coin DCX.  It is Pro
and the latest news right now is that Sumit Gupta and Neeraj Khandelwal, both the co-founders of Coin DCX, have got bail in which it is clearly written that there is no prima facie i.e. there is no solid evidence that the
founders and co-founders of Coin DCX ever met the person who has made this complaint.