Unocoin said the transfers were signed and broadcast outside BitGo’s platform, and BitGo said the account freeze worked as intended.
Update (Nov. 13, 2026, 12:30 pm UTC): This article has been updated to include BitGo’s response and clarify that the account freeze applied to activity routed through BitGo’s platform.
Indian cryptocurrency exchange Unocoin has kept deposits and withdrawals suspended as it investigates suspicious wallet transfers and a breach of its own systems.
BitGo froze Unocoin’s enterprise account on Nov. 6 at the exchange’s request. Unocoin said the freeze appeared to have worked as intended and that the transfers were signed and broadcast onchain outside BitGo’s platform, according to its Friday update.
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