BitGo responds to Unocoin incident: Transactions were signed by two keys held by Unocoin, BitGo system not compromised.

BlockBeats news, November 13 - BitGo stated in a post that Unocoin's BitGo account was frozen on November 6, 2026, and the freezing measure took effect as expected. BitGo said after verification that recent outgoing transactions were signed by Unocoin using the user keys and backup keys it holds, and were broadcast on-chain outside the BitGo system; BitGo was not involved in these transactions.

BitGo stated that Unocoin uses a self-custody wallet with "any two of three keys can sign." Unocoin holds two of the keys, while BitGo holds only the third, and that key was not used in the relevant transactions. BitGo said its system was not compromised in this incident and other clients were unaffected. Questions regarding Unocoin customer funds should be directed to Unocoin.