Post
Topic
Board Exchanges
Re: Major indian exchange gets hacked, 438 bitcoins stolen COINSECURE
by
botany
on 16/04/2018, 06:56:05 UTC

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."

This is really an unfair move on the part of Coinsecure. If the exchange goes bust, then people might be happy to get back some money, in whatever form. If it continues operations, then the customers should be refunded fully. You cannot have a situation where the promoters make money and the customers absorb a portion of the loss.