Overview
- The complainant told a Thane court he recovered his money from another accused and filed an affidavit stating he has no grievance, adding he does not know the two arrested founders.
- Following the affidavit, Sumit Gupta and Neeraj Khandelwal moved for bail, with the court expected to rule on their application on Tuesday.
- Investigators said the probe continues under an FIR naming six people over a purported investment and franchise scheme that allegedly siphoned Rs 71.6 lakh.
- Police previously detained the founders in Bengaluru and obtained their remand after producing them before a Thane court.
- CoinDCX denies wrongdoing and says fraudsters impersonated its brand and founders using fake websites and unrelated third-party accounts, reporting more than 1,212 look-alike domains since April 2024.