Indian Exchange Unocoin Suspends Logins Amid Flagged Outgoing ETH Transactions
(3 hours ago) · 1 source · Summarized by CryptoBipto
Unocoin, an Indian cryptocurrency exchange, has continued to suspend user logins while flagging outgoing Ethereum transactions linked to its BitGo custody wallets. The suspension has left users unable to access their accounts or withdraw funds. The situation remains unresolved, with limited public communication from the exchange.
WHY IT MATTERS
When a crypto exchange suspends logins, it means users cannot get into their accounts — similar to a bank locking its doors and not letting customers in.
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SOURCES
- theblock.co
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