Has claims process started? Has anyone received any refunds till now? What is the last email update from them,?
Yesterday received reply to my support email as below.
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Kavitha (Secure Bitcoin Traders Pvt. Ltd.)
May 1, 6:29 PM IST
Hi,
When investigations are underway, we don't have much of a say and do need permissions from the authorities to start the compensation process, which we are yet to receive. We will update you when we have definite dates around the start of the process
Please do bear with us as we are working on multiple fronts to resolve the issues at the earliest.
Warm Regards,
Kavitha
Team Coinsecure
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I think we users should start king actions against Coinsecure as soon as possible.
Bitcoin is a digital asset and it has economical value, any assets which has economical value is considered as concept of property by private law and penal code.
We would not take them our assets which has good current economical value and it will have even more value in future.
An assets which has no economical value but has only sentimental value is considered as concept of property in penal code but not considered as concept of property in private law.
While Bitcoin has economical value so Bitcoin is concept of property in penal code and in private law as well.
So Coinsecure can not just pay anything as compensation and lift their hands saying that there is no law for bitcoin in India and Bitcoin is not legalized in India.
There is the law for assets which has economical and sentimental value or only sentimental value whether it's physical or digital assets.
Coinsecure team trying to fool users, they came up with fake hack story and now refund of BTC with 10% in BTC and 90% in INR at price of 9th April.
They think there is no law or no legalization of Bitcoin in India can give them an ease of stealing users money.
Do they know what is concept of property in Indian Private Law and in Indian Penal Code?
Any coinsecure user who has BTC with coinsecure can open case against coinsecure for stealing of assets or taking away of assets by tricking if they don't refund balance of BTC in BTC or in INR at the rate of the day they refund.