In a report published on November 13, 2026, Odaily cited BitGo as saying that a Unocoin account had been frozen on November 6 and that the freeze took effect as expected.
According to BitGo’s review, recent outgoing transactions from a Unocoin wallet were signed with a user key and a backup key held by Unocoin. The transactions did not pass through BitGo; they were broadcast directly to the blockchain from outside its systems.
The wallet uses a self-custodial 2-of-3 multisignature setup. Unocoin holds two of the keys, while BitGo holds the third, which BitGo said has never been used. BitGo said its systems were not compromised in this incident and other customers were unaffected. It directed questions about Unocoin users’ funds to Unocoin.
Original report, published November 13, 2026, at 23:11 UTC+8.