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Unocoin halts all services after hackers bypass BitGo freeze

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Unocoin halts all services after unauthorized transfers bypass BitGo freeze

Indian crypto exchange Unocoin suspended all services after detecting unauthorized outgoing transactions from its BitGo wallet infrastructure, with the exchange suspecting misuse of a backup recovery mechanism. BitGo denied its systems were breached, saying the transfers used Unocoin-held keys.

Nov 12, 2026·8 sourcesCrypto hacksPrivate key compromiseCrypto custodyCrypto exchangesMultisignature walletCrypto securityExchange & custodial failures
Unocoin halts all services after unauthorized transfers bypass BitGo freeze
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