Unocoin says a BitGo address sent untraceable transactions after service halt
AI summary
Indian exchange Unocoin says one of its BitGo addresses sent out transactions it cannot trace, and it is waiting on BitGo for details three days after suspending all services following further unauthorized activity. The full extent of the outgoing transactions is still unknown. Traders should watch for confirmation of losses at a custodial wallet provider, which could weigh on confidence in exchange and custody security.
