Why poking someone while you already know the answer ?
I, for one, do not know the answer. So this is a very pertinent question. At this stage of our industry it is important to establish the highest levels of transparency to build the required trust. Otherwise every stands to loose.
I request the community to continue to insist of BTCXIndia to explain what happened and what they have learned from this episode.
BTCXIndia has already given their explanation. Now, you are gonna buy it or not is up to you. There is no point in insisting them to come up with another explanation.