EconPulse Markets. Economy. Malaysia & The World. Mon, 26 Oct 2026
Crypto

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

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

Summary

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.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →