Lawsuit Accuses Xapo, Indodax of Negligently Holding Stolen Bitcoin

Coindesk | Jun 4, 2020 at 11:28 PM
  • A crypto trader is trying to seize nearly 500 bitcoin from Xapo and Indodax through a new lawsuit that accuses the two crypto exchanges of harboring his stolen funds.
  • Nowak deposited 500 btc at his unnamed U.S.-based exchange on Nov. 20, 2018.
  • The suit alleged that Xapo held 19.99 BTC and Indodax held 479.69 BTC of Nowak’s original 500.