Unocoin says BitGo freeze held, but a backup key let funds leave on-chain
Unocoin says crypto left one of its wallets even though it froze its BitGo account in its latest update on the exploit it suffered.
Unicoin thinks a backup recovery path in BitGo’s (NYSE: BTGO) multisignature wallets was used to move its funds, but it does not know who the perpetrator is. How did crypto leave a wallet that was frozen?
Unocoin asked BitGo to freeze its company accounts on November 6 after it spotted suspicious activity.
