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$11.8M is the confirmed loss from a treasury-wallet breach at Triple-A, the stablecoin payments company. Triple-A said the full financial impact would be absorbed through its treasury reserves.
Client funds, the company stated, were not affected. What the company confirmed The breach hit Triple-A's treasury wallet. Losses reached $11.8M by the time the company made its disclosure.
Triple-A drew an explicit line between its own treasury holdings and the assets it manages for clients; the client-side was untouched.
The company said it had sufficient reserves to cover the $11.8M hit, though it published no reserve balance alongside the announcement.
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