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EconomyIndia’s largest crypto exchange absorbs $16 million loss tied to retired wallet

The Mumbai-based exchange initially called reports of suspicious outflows a false alarm. It now says an internal process failure caused a $16 million loss, which it will absorb.

cryptocurrencycrypto exchangefinancial loss

CCoinDesk★★☆☆☆2026-10-26 05:39Original

India’s largest crypto exchange absorbs $16 million loss tied to retired wallet
India’s largest crypto exchange absorbs $16 million loss tied to retired walletEconomy