On July 11, fraudsters hacked into digital fee platform Cashaa’s over-the-counter desk, which serves Indian clients, and stole 336 (BTC), value roughly $3.1million. Though Cashaa acknowledged that there have been no customers affected by this hack, they did put a tough cease on all crypto-related transactions for 24 hours to know the incident higher.
Cashaa is a United Kingdom-based crypto-friendly financial institution that offers with Bitcoin OTC operations and works with main conventional and crypto exchanges in India. In accordance with an official assertion, the incident passed off with an OTC transaction supervisor based mostly in East Delhi, India, whose private laptop was attacked with malware. Kumar Gaurav, founder and CEO of Cashaa, revealed to Cointelegraph extra particulars on the underlying circumstances that led to this incident:
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