Unocoin Halts Deposits and Withdrawals Over Suspect Transfers

The dispute hinges on where control actually sat during signing, and the two accounts diverge on that point: Unocoin points to transactions executed outside BitGo, while BitGo frames the freeze as proof its controls functioned. For Indian users, the practical exposure is trapped balances with no stated resumption date, a reminder that custody arrangements are only as strong as the signing process around them. Worth watching is whether the two firms converge on a shared account of the incident, and whether Unocoin sets any timeline for restoring deposits and withdrawals.