According to the US financial media CNBC reported that India cryptodigital currency exchange Coinsecure lost more than $ 3.5 million of cryptocurrency, the exchange called safe Affairs absconded with the money.
Coinsecure said on its website on Thursday that Amitabh Saxena, the company’s chief security officer, extracted Bitcoin to distribute it to customers. However, Coinsecure claims that the money was lost during this process.
Recently, the Central Bank of India has banned regulated financial institutions in the country from cryptocurrency transactions.
Coinsecure not the world's only encounter this problem in cryptocurrency exchange, similar cases in the most compelling case had occurred happened in Japan as well, Coincheck exchange have more than $500 million worth of cryptocurrency stolen.
