Stolen the Bitcoins worth RS 20 crores from an India’s biggest exchange, a big theft of Crypto
Approximately 438 Bitcoins worth RS 20 crores has been theft from a prominent exchange firm in India on Thursday, reported the biggest Cryptocurrency theft in the country. The Delhi based Cryptocurrency exchange, coin secure, has filed an FIR with the cyber cell who accused its CSO, Amitabh Saxena. He just shopped off the money from the exchange firm wallet, reported by the ET’s Nilesh Christopher.
An FIR lodged against CSO, Amitabh Saxena:
A member of the exchange firm has urged the government to seize the passport of the Amitabh Saxena, expecting that he may leave the country without informing the government. A just simple shopping by the Saxena, from the exchange firm that reveals such a big theft and a case, has been registered under IPC section and section 66 of the IT act as it comes under the cybercrime.
How did it happen?
There are the million of the users using this exchange firm to shop off and transfer the money on a daily basis. But in the recent time, the users found that huge amount of the Bitcoins that have been stored in the offline mode disappeared. Subsequently, it was found that the whole private keys and the password that is kept by the company have been diagnosed online. This is all implies that someone hacked all the system and made this big theft task very simple.
The company has tried to trace the hackers, but there is no evidence left as all the data was logged off and it affected the wallets which had been erased while transferring the Bitcoins. The website of the company has shut every resource to make a single transition and no one allow since then to use that website. As per the close resources, the company confirmed to its users that Bitcoins worth RS 20 crore were store in offline has been theft on Thursday through the messages.
The company reveals the valid points:
The Company’s member also said that we regret to inform this bad news that we have no more Bitcoins as our funds have been disclosed and it seems to have been siphoned out to a proper address that is damn sure out of the control. They even expressed that there is not any other modality that can make it stop its hacking and said that we have our system that has never compromised or hacked this way in the past. This is a new current issue point by the loses like this while storing the maximum bitcoins on a daily basis to its customer, the company of Cryptocurrency exchange reported.