Quote from: DynoEarl on April 15, 2018, 11:37:36 AM

Quote from: zuber_amla on April 14, 2018, 05:30:58 PM

Quote from: eaLiTy on April 14, 2018, 03:12:18 PM

Quote from: theymos on April 13, 2018, 07:21:34 PM

Note that I removed Benson Samuel as moderator, but only because I view the situation as potentially too much of a conflict of interest. I have no reason to doubt Benson Samuel's character.

The private keys were held by CSO Amitabh Saxena and the company has filed a case against him, his response to the way in which the funds are hacked are just flimsy and i do not think Benson has anything to do with the loss and the company has ensured that they will be crediting its users, it is a really unfortunate situation and with him being removed as the moderator i hope the local board wont be a junkyard.

Coinsecure has mentioned that if lost funds found they will refund BTC to users, if lost BTC not found they will refund balance 10% in BTC and 90% in INR at price as of 9th Apr 2018.

Also check https://bitcointalk.org/index.php?topic=3310833.msg34668530#msg34668530

Looks like inside job.

Where have they mentioned what you said? I dont think they have explicitly mentioned that anywhere

https://coinsecure.in/ Update 3.1: Saturday, 14.4.2018, 6th paragraph on page.
"However, if recovery of siphoned BTC is not possible, then we will apply lock in rates as of 9th of April, 2018. 10% of Coin Holding Balance will be refunded in BTC and 90% will be returned in INR."

It means if you have 1 BTC with coinsecure and if they failed to recover siphoned BTC funds, they will refund you 0.1BTC and 0.9BTC will be calculated at rate of 9th April 2018 and refund in INR = (0.9 x ~400000 = ~360000INR).

It would be a big loss to coinsecure users if BTC price goes up. They have capped BTC price as of 9th April for refund in case siphoned funds not recovered.

All coinsecure users should write to coinsecure that we want all our BTC balances refunded in BTC not in INR at price of 9th April 2018.

This is looks like inside job to steal people money, BTC funds siphoned to address '1BaEJquitskdXcTj53Uy6PuUtJ5a8ETWpA' were being sent to other addresses till 13th April, after then no BTC sent out of that address. There is still 139.42094629 BTC balance showing in wallet address '1BaEJquitskdXcTj53Uy6PuUtJ5a8ETWpA' check here https://blockchain.info/address/1BaEJquitskdXcTj53Uy6PuUtJ5a8ETWpA .

For BTG fork only needed private keys of wallets had BTC at the time of fork, there was no necessity to keep BTC in the wallet and insert private keys for fork coins,

Why Dr Amitabh Saxena did not withdraw BTC to another wallet for safety before inserting private keys for BTG fork?

Why BTC withdrawals stopped from hacker wallet address '1BaEJquitskdXcTj53Uy6PuUtJ5a8ETWpA' after 13 April 2018?

I have contacted Coinsecure support via phone call and sent an email to support@coinsecure.in with my search report that shows clearly where lost funds are going to, most of lost BTC sent to BitcoinFog wallet addresses, P2SH addresses (starts with '3') and Bech32 (starts with 'bc1'), BitcoinFog using tor network so difficult to identify user but user can be traced if investigated deeply, even hacker can be tracked by monitoring end wallet address user is using reputed web wallet or BTC exchange.

This is possibly inside job or lack of knowledge to get BTG fork free coins caused this. Whatever it caused we CoinSecure users should demand refund of our BTC balance in BTC not in INR at the rate of 9th April 2018.