Employee Targeted by Social Engineering
Freelancing/Online work exchange
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Authorities believe the hack began when Agarwal was lured by a fake freelance assignment, installing malware that gave hackers access to operational wallets. A test transfer of 1 USDT at 2:37 a.m. preceded the full $44M theft by 9:40 a.m. CoinDCX emphasizes operations continued normally and the treasury will cover the loss, while highlighting the dangers of human-targeted attacks in crypto.