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Hack history / 2018 / Hack or exploit

Coinsecure

Hack or exploit on Apr 12, 2018 · Private Key Compromised

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$3.3M
dollars at the time
Returned
none listed
as the sources state it
Rank
#566
among thefts by dollars lost

What happened

In April 2018, Coinsecure's chief security officer Dr. Amitabh Saxena exposed the exchange's private keys while attempting to distribute Bitcoin Gold to customers. The keys were exposed online for over 12 hours, allowing attackers to steal 438 BTC (~$3.3M). Saxena was arrested as a prime suspect.

Details

Date
Apr 12, 2018
Kind
Hack or exploit
Method
Private Key Compromised
How in
Keys, accounts and infrastructure
Target
Centralized exchange
Chains
Bitcoin

Reported by

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Cite this pageSwanBluechip, "Coinsecure hack, Apr 12, 2018: $3.3M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht60e6d54b63/ (data as of 2026-11-01).
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