Legal Protections for Crypto Investors in Wake of CoinDCX Hack: Sukrit R Kapoor Weighs In 

In light of the recent CoinDCX hack, which left several investors vulnerable and raised critical concerns about the safety of digital assets, Sukrit Kapoor has shared key insights in a feature published by Moneycontrol.com. While India still lacks a specific legal framework for cryptocurrencies, Kapoor emphasizes that existing laws can still offer recourse to victims. 

He stated, “While there is no specific legislation governing cryptocurrencies, victims of such cyberattacks may resort to general provisions under the Indian Penal Code (for offences like cheating, theft and criminal breach of trust) and the Information Technology Act, 2000—particularly Sections 43 and 66 dealing with unauthorised access and data breaches.” 

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