How 1,200 Fake CoinDCX Sites Almost Destroyed the Real Exchange
Over 1,200 fake CoinDCX websites in two years. One snagged a victim for $77,000—and nearly jailed the real founders.
⚡ Key Takeaways
- Impersonation scams use fake domains like coindcx.pro to mimic trusted exchanges, bypassing high-tech defenses. 𝕏
- A $77K fraud led to wrongful arrests of CoinDCX co-founders until court exposed the low-tech clone. 𝕏
- Exchanges face 1,000+ fakes yearly; proactive domain monitoring and user education are essential defenses. 𝕏
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Originally reported by Cointelegraph