Published Oct 26, 2026, 1:39 AM ET · Updated 19 days ago · 1 source

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

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

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.