ID:
coinsecure-779
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Exchange
Assets
Key Management
Extended Method:
Private key leak, cold wallet
Days in Operation:
3380
(9.26 Years)
100 pts each
CoinSecure, an Indian cryptocurrency exchange, lost Bitcoin valuing $3.5 million at the time of the hack. However, it seems like this one was an inside job. The owners of CoinSecure believe their former Chief Security Officer stole the funds. It seems they may have been onto something, as he was later arrested. A failed cold storage restoration exercise seems to have exposed private keys intended for offline storage (effectively making them online). However, the CEO has expressed an insider’s involvement. Police found private keys exposed online for more than 12 hours. Lost of 438 BTC.
DISCLAIMER: While web3rekt has used the best efforts in aggregating and maintaining this database, this web site makes no representations or warranties with respect to the accuracy or completeness of its information and data herein, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose.
Under no circumstances, shall web3rekt be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the data and information derived from this database.