India, June 26 -- After a hacker sold digital gold of Aditya Birla Capital Digital (ABCD) Limited's 436 customers, causing the company a loss of Rs.1.95 crore, the Central cyber police registered a case of cheating Tuesday.

ABCD Ltd purchases digital gold from government-approved MMTC-PAMP. Through the company's app, users can buy and sell various financial products like digital gold, silver, UPI, mutual funds and insurance. Users can register to buy using their mobile number. For selling this digital wealth, however, they will receive an OTP to access the payment gateway via which they can get the money.

Earlier this month, ABCD's technical team observed the application programming interface was compromised, said a police officer. An u...