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India's largest exchange denies hack after sleuths pointed to $16 million in suspicious outflows

CoinDesk·October 23, 2026·1 min read
India's largest exchange denies hack after sleuths pointed to $16 million in suspicious outflows

India's largest exchange, CoinDCX, denied a hack after sleuths flagged $16 million in suspicious outflows from addresses linked to the exchange. The denial comes amid growing scrutiny of crypto platforms in India, as authorities investigate whether the funds were stolen or misappropriated from tied wallets.

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