The funds were frozen, but the money still got away. Indian exchange Unocoin detected suspicious activity on November 6. Custodian BitGo froze the company’s account as requested, but the suspicious transfers were signed directly on-chain using keys held by Unocoin itself—they never went through BitGo’s platform. Unocoin suspects someone exploited a loophole in BitGo’s multi-signature wallet recovery feature. Its servers were also breached, and the entire site has been down since the 9th. Deposits and withdrawals still haven’t resumed, and there’s no word on how much was lost or when operations will restart. If a custodial wallet’s recovery feature can bypass a freeze, would you still dare to keep your coins on an exchange?#Unocoin #BitGo #交易所安全 #Cryptocurrency