India’s Cryptocurrency Exchanges Mull Supreme Court Challenge to Banking Ban

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In a statement by parent firm Secure Bitcoin Traders Pvt, posted late on Thursday, the biz said its chief security officer had extracted a bunch of Bitcoin to distribute to punters — and discovered the funds were "lost in the process.

Earlier this week, folks began to smell a rat as the site went down for an unexpected nap that day:. Coinsecure Site shows " Bad Gateway ". Cryptocurrency exchange in india website now says: We cryptocurrency exchange in india not be responsible for any funds that are deposited into Coinsecure's addresses cryptocurrency exchange in india further notice" For the record I had deposited funds before your website went down.

Pls confirm my funds are safe. Bitcoin cryptocurrency coinsecure pic. We're told chief security officer Dr Amitabh Saxena and chief exec Mohit Kalra should have been the only ones with access to the wallet's private keys. Here's a crime report the biz filled out and submitted to Indian authorities:. With Bitcoin values tumbling after historic highs, it seems the quickest way to lose your cryptocurrency is to, er, deposit it somewhere.

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Tried checking under the sofa? Indian Bitcoin exchange Coinsecure has mislaid Earlier this week, folks began to smell a rat as the site went down for an unexpected nap that day: Here's a crime report the biz filled out and submitted to Indian authorities: Most read Cambridge Analytica dismantled for good? It just changed its name to Emerdata Democrats need just one more senator and then a miracle to reverse US net neutrality death Take-off crash 'n' burn didn't kill cryptocurrency exchange in india Concorde, it was just too bloody expensive to maintain Microsoft's latest Windows 10 update downs Chrome, Cortana Exclusive to all press: Atari launches world's best ever games console.

More from The Register. White collar crime prosecutions fall as offences rise Actual reports of transgressions are up, though. US cops go all Minority Report: Google told to cough up info on anyone near a crime scene Police cyber-hunt reveals massive gap in legal protections. England, Wales stats now include hacking and fraud 'More realistic picture' we're told. Voice assistants are always listening. So why won't they call police if they hear a crime? We've given away our privacy for the wrong rewards.

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