Initially owing creditors $4.2 million, Cryptopia’s liquidator Grant Thornton has distributed at least $225 million in crypto to hack victims in December.
Latest News on Cryptopia
Read the latest news on Cryptopia, a New Zealand-based cryptocurrency exchange founded in 2014, known for offering a wide range of digital assets for trading. It gained popularity for its diverse coin listings and user-friendly interface. However, in January 2019, Cryptopia suffered a major security breach, resulting in significant financial losses.
The exchange went into liquidation in May 2019, with ongoing efforts to return assets to affected users. Cryptopia’s collapse highlighted the critical importance of robust security measures in cryptocurrency exchanges.
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The theft was first discovered in September and was not yet connected to the crypto exchange going into liquidation the previous year.
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A claims process for Cryptopia creditors has started following a 2019 hack.
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The tale of hacked exchange Cryptopia’s extended liquidation is poised to see new legal action from a major creditor and token issuer.
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Award winning filmmaker, Torsten Hoffmann, follows up his 2015 Bitcoin film with an in-depth look at the state of the blockchain industry.
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Hacked cryptocurrency exchange Cryptopia today informed its users that the High Court of New Zealand has delivered its judgment on the status of their compromised assets.
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Liquidator Grant Thornton recovered $7.2 million since May but warns that the complexity of proving ownership makes it impossible to estimate timeframes.
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Grant Thornton, the firm liquidating hacked New Zealand cryptocurrency exchange Cryptopia, discusses how best to do so with the platform’s developers.
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The liquidator of hacked cryptocurrency exchange Cryptopia claims to have made progress toward securing and preserving funds.
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Cryptopia’s liquidator Grant Thornton released an estimation on the financial state of the firm, reporting a total of $4.22 million owed to creditors.
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As the Cryptopia liquidation saga continues, new questions emerge about how safe popular exchanges really are.
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Grant Thornton confirmed it was targeting databases in Arizona as part of its efforts to reconcile user holdings.
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Cryptopia liquidation provides food for thought for potentially unsafe exchanges and their users.
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A portion of the ether stolen from hacked New Zealand-based cryptocurrency exchange has been moved.
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Hacked New Zealand-based cryptocurrency exchange Cryptopia has gone into liquidation and suspended trading services.
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