Unocoin claims that the multi-signature wallet backup mechanism of BitGo is suspected to be exploited
2026-11-13 15:12:11
According to CoinMeta, Unocoin indicates that information has been obtained from the hosting service provider BitGo. BitGo froze the corporate account Unocoin on November 6th as instructed, and the freezing measures took effect as expected. The relevant transactions were directly signed and broadcasted on the blockchain by external parties, without going through the BitGo platform. Unocoin is currently investigating the asset losses and privacy issues, and plans to resume services after the investigation is completed. On November 12th, Unocoin discovered that a ETH address, which was used to fund ERC-20 tokens, made an outward transfer from within their BitGo wallet.
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Source:Internet
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