Our Bitcoin funds have been exposed
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The CEO of Coinsecure, an India-based cryptocurrency exchange, has accused his CSO of stealing 438 Bitcoin —around $3.3 million at today's exchange rate— from the exchange's main wallet.
Coinsecure announced the theft of the 438 BTC today, via two images posted on its homepage. The first image contained a statement signed by the Coinsecure team announcing the incident, and the second was a scanned copy of a police complaint Coinsecure CEO Mohit Kalra filed with New Delhi police. Both are embedded at the bottom of this article.
Coinsecure CEO points the finger at exchange's CSO
"Our system itself has never been compromised or hacked, and the current issue points towards losses caused during an exercise to extract BTG [Bitcoin Gold] to distribute to our customers, " the Coinsecure team wrote in its statement.
"Our CSO, Dr. Amitabh Saxena, was extracting BTG and he claims that funds have been lost in the process during the …
Coinsecure announced the theft of the 438 BTC today, via two images posted on its homepage. The first image contained a statement signed by the Coinsecure team announcing the incident, and the second was a scanned copy of a police complaint Coinsecure CEO Mohit Kalra filed with New Delhi police. Both are embedded at the bottom of this article.
Coinsecure CEO points the finger at exchange's CSO
"Our system itself has never been compromised or hacked, and the current issue points towards losses caused during an exercise to extract BTG [Bitcoin Gold] to distribute to our customers, " the Coinsecure team wrote in its statement.
"Our CSO, Dr. Amitabh Saxena, was extracting BTG and he claims that funds have been lost in the process during the …