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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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2LAR Wire Desk (CoinDesk)
2LAR Wire Desk (CoinDesk) Syndicated Wire Desk • Published 2026-10-26
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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....

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