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Crypto exchange CoinDCX has confirmed a loss of approximately $16 million in USDT
Crypto exchange CoinDCX has confirmed a loss of approximately $16 million in USDT, after its CEO, Sumit Gupta, had previously dismissed reports of a new wallet compromise as a "false alarm." CoinDCX first acknowledged unspecified operational losses due to a failed sweeping process on the afternoon of October 22, and then confirmed the specific amount three days later.
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