Unocoin suspends deposits and withdrawals amid transfer probe
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Indian cryptocurrency exchange Unocoin has kept deposits and withdrawals suspended while investigating suspicious transfers signed outside BitGo's platform. BitGo froze Unocoin's enterprise account on November 6 at the exchange's request, but Unocoin suspects a multisignature wallet recovery feature was misused. Unocoin first detected unauthorized activity on November 6, suspended all services on Monday after further activity, and disclosed outgoing Ethereum transactions on Thursday alongside compromised servers. No restoration date has been announced.
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