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Coinsecure exchange says $3 million worth of bitcoins stolen

Reuters  |  NEW DELHI 

By Neha DasguptaNEW DELHI (Reuters) - Coinsecure, an Indian cryptocurrency exchange, said nearly $3 million were stolen from its bitcoin wallet, the biggest reported so far in the country's fledgling virtual currency market.The theft is expected to further weaken trade in cryptocurrencies, which the government has likened to "Ponzi schemes" that offer unusually high returns to early investors.Coinsecure, which has over 200,000 users trading on its platform daily, said that around 438 bitcoins, which were stored in a password-protected virtual wallet were siphoned off to an unknown destination ...

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First Published: Fri, April 13 2018. 13:04 IST
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