Security
CoinDCX Admits $16 Million Crypto Loss Days After Calling Hack Reports a False Alarm
CoinCentral·October 26, 2026·1 min read
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.
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