🚨 A contractor from a major crypto exchange was taken into custody in India this May following a major security breach. Hackers managed to bribe insiders to steal sensitive customer data—a troubling reminder of how critical infrastructure gets compromised from within.

The fallout could hit $400 million in damages, and authorities are preparing to make additional arrests. This incident underscores the stakes: customer information security isn't just a compliance checkbox, it's a test of whether platforms can truly protect user assets in the Web3 era.