Indian bitcoin exchange Coinsecure announced that 438,318 bitcoins worth $3.3 million were stolen, and fraudulent employees were cited as the reason. Dr. Funds were withdrawn after Amitabh Saxena was disclosed trying to distribute bitcoin gold (BTG) to customers.
According to the initial report of the cybercrime team in New Delhi, the firm “were deeply sorry to have misplaced our attention with fabricated stories while being responsible for all this.” In a statement to CoinDesk, Coinsecure CEO Mohit Kalra said that the company was not at fault in the robbery and that the real problem was in the security chiefs’ system.
The firm also requested the cybercrime chief to revoke Saxena’s passport in order to prevent her from fleeing the country.
In a speech on the Coinsecure website, customers were told during the time they were trying to recover their lost money. He asked them to be with the company. In a statement to CoinDesk, Kalra described this as “an unfortunate event.” It will take some time to restore lost accounts, but our clients will receive compensation from the firm’s funds and we will come back stronger.”
CoinDesk-Sujha Sundararajan