26.10.2026 05:39
Initially, the Mumbai-based exchange downplayed early warnings about unusual outflows, dismissing the reports as nothing more than a false alarm. Rumors of suspicious fund movements had quickly spread through online trading communities and digital channels, creating uncertainty among users before the firm chose to address them cautiously.
However, the exchange has now acknowledged that it ultimately suffered a loss of $16 million and intends to absorb that financial hit internally. The company stated that it would take responsibility for the loss rather than passing the matter aside or shifting blame elsewhere.
