People · Financial Services
Two senior executives exit CoinDCX
By Startup Enthusiast ·
- Date
- Company
- CoinDCX
- What it does
- Cryptocurrency exchange platform
- Kind
- People
- Founded
- 2018
- Sector
- Financial Services
What they do
Sangeeth Aloysius (SVP, Product & Design) and Satyartha Srivastava (VP, Derivative Revenue) are leaving and serving notice periods
What happened
Aloysius joined in May 2025 and Srivastava in July 2025
Why it matters
The exits follow the arrest of CoinDCX co-founders last month in an impersonation case, though the company denied any involvement in fraud
The details
- Sangeeth Aloysius, SVP & Head of Product & Design, is leaving CoinDCX.
- Satyartha Srivastava, VP & Head of Derivative Revenue, is also leaving the company.
- Both executives are currently serving their notice periods.
- Aloysius joined CoinDCX in May 2025.
- Srivastava joined CoinDCX in July 2025.
- Last month, CoinDCX co-founders were arrested by Mumbai Police in an impersonation case.
- CoinDCX clarified that neither the company, its founders, nor its employees were involved in any fraud, including fake websites.
- The co-founders were granted bail after the arrest.
The bigger picture
- The executive departures come shortly after the arrest of the co-founders, which may have created uncertainty.
- CoinDCX had already seen exits of its CTO and Head of Legal last year.
- The company recently announced a ₹100 crore 'Digital Suraksha Network' initiative for fraud detection and user awareness.
About the business
- CoinDCX is a cryptocurrency exchange platform.
- It allows users to buy, sell, and trade digital assets like Bitcoin and Ethereum.
- The company serves retail and institutional investors in India.
- CoinDCX generates revenue through trading fees and other transaction charges.
- It operates under the regulatory framework of the Indian government.
What happens next
- CoinDCX announced a ₹100 crore 'Digital Suraksha Network' initiative for fraud detection, user awareness, ecosystem collaboration, and training for law enforcement.
Founders
- Sumit Gupta, Co-founder
About CoinDCX
- Customers
- Individual and institutional investors trading cryptocurrencies globally
- How it makes money
- B2C cryptocurrency exchange platform with trading fees and services
- What sets it apart
- Support for 100+ countries with multilingual platform and multiple on-chain use cases
More on CoinDCX
- CoinDCX partners with Tether Gold for tokenized gold27 August 2026 · Partnership · N/A
- CoinDCX co-founders questioned in impersonation fraud case22 March 2026 · Policy
- FIR filed against CoinDCX cofounders for fraud21 March 2026 · Legal
- Women crypto investors in India surge 116.8%7 March 2026 · Analysis
- CoinDCX announces ₹111 crore ESOP buyback19 February 2026 · Milestone · ₹111 crore
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