Indian Exchange Postpones Repaying Stolen Bitcoins

- India’s cryptocurrency exchange Coinsecure has announced that it cannot repay customers their stolen bitcoins at this time.
- The exchange previously confirmed that 438.31859715 BTC were stolen on April 8, worth approximately Rs 20 crore or US$3,067,220
- The exchange revealed on April 21 that it had started working on the claims process. “We are hoping that by the following weekend [April 28-29], we should get started and you should be able to submit your claims withdrawals requests.” However, that deadline has passed and the exchange is now saying “there has been a delay on that front,”
- “There will be new contracts rolled out to all our users who held a balance on Coinsecure (INR and bitcoin),” the exchange added.
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