Sentiment: Negative
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CoinDCX Admits $16 Million Crypto Loss Days After Calling Hack Reports a False Alarm
By Trader Edge at 2026-10-26 03:58
Sentiment: Negative
TLDR CoinDCX, India’s largest crypto exchange by trading volume, says it lost 15.99 million USDT and will absorb the loss. The loss came from a retired wallet that a failed sweeping service left holding customer deposits. CEO Sumit Gupta first called the reports a false alarm on X. Bitquery traced about $9.63 million to OKX, [...] The post CoinDCX Admits $16 Million Crypto Loss Days After Calling Hack Reports a False Alarm appeared first on CoinCentral. Continue reading...
Categories: Analysis
Tags: #Analysis #News
Source Coin Central