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Lawsuit Accuses Xapo, Indodax of Negligently Holding Stolen Bitcoin

A crypto trader is trying to seize nearly 500 bitcoins from exchanges Xapo and Indodax through a new lawsuit that accuses the two crypto exchanges of harboring his stolen funds.

Updated Sep 14, 2021, 8:48 a.m. Published Jun 4, 2020, 9:28 p.m.
A lawsuit alleges Xapo is holding roughly 20 stolen BTC in a pair of hot wallets. (Credit: CoinDesk archives)
A lawsuit alleges Xapo is holding roughly 20 stolen BTC in a pair of hot wallets. (Credit: CoinDesk archives)