SCAMS

CoinDCX unveils ₹100 Cr Digital Suraksha Network with AI helplines and fraud intelligence to protect Indian crypto users from scams.

CoinDCX has launched the ₹100 crore Digital Suraksha Network (DSN), a pioneering initiative aimed at combating crypto fraud and protecting users across India. This comes in the wake of a recent legal incident involving the exchange’s co-founders in March 2026, highlighting the urgent need for enhanced cybersecurity measures.

Between April 2024 and January 2026, over 1,200 fake websites impersonated CoinDCX, emphasizing the growing threats in India’s crypto ecosystem. DSN is designed to proactively address these challenges and make crypto trading safer and more transparent.

What is the Digital Suraksha Network (DSN)?

The DSN is a multi-year program focused on strengthening India’s blockchain infrastructure and safeguarding crypto users. Its key features include:

1. ₹100 Crore Security Fund

 

  • Protects platforms against phishing, fake wallets, and impersonation scams.
  • Supports fintechs, exchanges, and blockchain projects in adopting advanced cybersecurity measures.

2. AI-Powered 24x7 Helpline

  • WhatsApp-based AI helpline provides instant verification for suspicious transactions, links, and platforms.
  • Enables users to avoid scams in real time.

3. Open API for Fraud Intelligence

  • Facilitates sharing of data on phishing wallets, fake domains, and cyber threats between banks, exchanges, and fintechs.
  • Promotes a unified industry approach to tackling crypto fraud.

4. Cyber Safety Training for Law Enforcement

  • Specialized programs for state cybercrime cells in blockchain forensics and fraud detection.
  • Equips law enforcement to handle emerging crypto scams effectively. Cryptotimes ,BSC

    Legal Context: Co-Founders’ Arrest and Bail

    On March 22, 2026, Thane Police arrested CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal following a ₹71.6 lakh impersonation fraud complaint. Both were granted bail on March 24, with no prima facie evidence against the exchange.

    This incident highlights the scale of cyber threats in India and reinforces the importance of the DSN initiative.

    Security and Compliance at the Core

    • User Safety: Advanced AI tools and secure infrastructure ensure safer crypto transactions.
    • Regulatory Collaboration: CoinDCX works closely with regulators and law enforcement to set new industry security standards.
    • Long-Term Commitment: DSN represents a multi-year pledge to sustainable and secure crypto growth.

    Impact on Indian Crypto Users

    India’s crypto sector has seen a surge in phishing attacks, fake wallets, and impersonation scams. DSN’s AI verification, fraud data sharing, and law enforcement training set new benchmarks for industry security, building trust and transparency for users.

    Looking Ahead: A Safer Crypto Future

    With DSN, Indian crypto users can expect:

    • Faster fraud detection and real-time alerts
    • Transparent collaboration across exchanges and regulators
    • Industry-wide standards for secure crypto adoption

    CoinDCX’s Digital Suraksha Network positions the exchange as a leader in creating a resilient and secure crypto ecosystem in India.

    Disclaimer: Coinccino is provided on an “as is” basis without warranties of any kind. Always conduct your own research before making crypto or financial decisions. Users are responsible for any associated risks.