Post
Topic
Board Exchanges
Re: Major indian exchange gets hacked, 438 bitcoins stolen COINSECURE
by
legendster
on 21/04/2018, 03:58:05 UTC

 - Being the founder the funds in his company are not his! .....Like I said you need you get your business basics correct...

Instead of advocating about how potent my business knowledge is why don't you find out how the company was funded and how much of personal money Mohit Kalra and Samuel poured into the startup. And they barely raised a few crores in each of their seed funding rounds - both public and private. FYI, 1 crore = $154000

Now my information might be outdated and may be incorrect. But my comment about them funding this out of their own pocket is stemming from a simple fact, Benson's own admission of having poured in a few crores of his own savings into Bitcoin early on.
I'm simply saying that even if the company doesn't have enough funds in their coffer to refund every customer, the founders themselves can fund it all from their own pockets.

...You might be aware,the company raised a million bucks from the investors who will be active stake holders too...

Nope, not aware. Care to share the source of this information?