Nearly 3.5 million us dollar , 438 Bitcoins have been stolen from Indian exchange ,one of the biggest crypto currency hack happened in India.

The crypto currency exchange from Delhi Coinsecure has reported a FIR against their CSO Amitabh Saxena for stealing 438 bitcoins from companies wallet and requested to Indian govt. to sieze his passport in case he could not leave the country

Cause of Hack

Coinsecure one of the famous crypto exchange in India has more then 2 lakh members in India,
the exchange had stored 3.5 million Bitcoins in offline wallet but their private keys has been leaked online that became the reason of hack.
The company try to track down the hacker but the hacker is so clever he deletes the all data-log of the wallet so its become impossible to found out where the fund is been tranfered

Last night the exchange has published the notice on site about this hack-:

According to economic times co's CEO Mohit Kalra has stated that their is some insiders hand because we have never exported private keys online but the police found that not only the private keys exported online but thy are online from more then 12 hours but the CEO Mohit Kalra has declared that in case they not able to recover the stolen bitcoins they will pay to the users from their pocket.

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