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

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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.

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

Source：CoinDesk

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Source：https://www.coindesk.com/markets/2026/10/26/coindcx-absorbs-usd16-million-loss-from-internal-process-failure-tied-to-retired-wallet