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Crypto / General

India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet

Source: coinDesk October 25, 2026 · 22:39
India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet
From the publisher
The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.
About the source

CoinDesk

CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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