CoinDCX confirmed a loss of roughly $16 million USDT three days after its CEO, Sumit Gupta, disputed reports of a new wallet breach, calling them a false alarm. It had acknowledged unspecified operational losses from a failed sweeping process on the afternoon of Oct. 22, so the reversal came in...
Source: [CryptoSlate](https://cryptoslate.com/coindcxs-16-million-loss-revives-uncomfortable-memories-of-ftx-and-celsius/)