India’s CoinDCX Starts $6M Investor Protection Fund, Co-Founder Urges Peers to Follow Suit

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India’s CoinDCX Starts $6M Investor Protection Fund, Co-Founder Urges Peers to Follow Suit

The investor protection fund is designed to “compensate users for losses incurred in extremely rare scenarios such as security breaches” and at the start it will hold nearly $6 million (INR 50 crore), which comes solely from “our profits,” Gupta said.