[BitGo Claims Unocoin Transfers Were Signed with Its Own Two Keys] Jinse Finance reports that BitGo issued a statement on X stating that its system was not compromised in the Unocoin incident involving the Indian exchange: the Unocoin account was frozen on November 6th, and the freeze took effect as expected. Recent transfer transactions were signed with Unocoin's own user key and backup key, and broadcast directly to the blockchain outside the BitGo platform. BitGo's third key was never used, and other customers were unaffected. Unocoin uses a 2-of-3 self-custodied wallet, holding both user and backup keys; two keys are sufficient to authorize transactions. On November 12th, Unocoin discovered transfer transactions on an Ethereum address within its BitGo wallet infrastructure. On November 13th, Unocoin updated, stating that it had received a statement from BitGo acknowledging the freeze and that the transactions were signed and broadcast outside the platform. Unocoin suspects that the backup mechanism, designed to prevent BitGo from becoming unavailable, was exploited and is investigating the access methods, asset losses, and personal information leaks. Neither party has disclosed the identities of the key users or confirmed the amount of loss. On November 6, Unocoin detected suspicious activity and requested Fireblocks and BitGo to freeze accounts. On November 9, it disclosed that it disabled logins after unauthorized server access and subsequently suspended all services, stating that more than 90% of customers' crypto assets were stored in cold storage.