Scandal in a noble family: the Coinsecure exchange was hacked

Scandal in a noble family: the Coinsecure exchange was hacked

In a notice to its clients, Indian cryptocurrency exchange Coinsecure said that hackers stole 438 BTC from the platform - $3 million at today's exchange rate.

Later it turned out that it was not a hack that occurred, but the disclosure of private keys to the exchange’s offline wallets, as a result of which the attackers managed to seize BTC without leaving any traces of the hack. In addition, the entire history of hacked wallets was deleted. This information could help investigators shed light on what happened. 

The unpleasant news was followed by the following message: on the exchange website, Coinsecure CEO Mohit Kalra accused the head of his company’s security department. He also said that he had filed a formal complaint of theft with the New Delhi Police. In it, he directly stated that he suspected his colleague, Amitabh Saxena, of theft and asked the police and security services of the country to block her passport, since he was convinced that she would leave the country in the near future. His suspicions are based on the fact that only he and Amitabh had the keys to the exchange’s main wallet.

Coinsecure representatives in an official letter to the exchange’s clients said that all stolen funds would be returned to the victims, regardless of the amount of losses.

According to https://www.bleepingcomputer.com

You May Also Like

132018-11-20

Huobi creates a new committee to work with the Chinese Communist Party

The Huobi Group has established a Communist Party cell in one of its subsidiaries in Beijing. The group that owns the Huobi exchange announced on its website on November 16 that it is “necessary to implement” the principles and policies of the Communist Party into private companies. The move, which is a first of its kind for the Chinese cryptocurrency space, is also aimed at gaining party support for the platform's business in the country.

Stock, Regulation
142018-12-11

Binance will allow institutional traders to have additional accounts

The new service will allow several companies to create additional accounts within one organization with a main account that will control all other accounts associated with it.

Stock

Latest articles from Stock category

Fresh video on our Channel