The Cryptopia exchange has reportedly been hacked again, even as it is being liquidated following a previous breach that stole NZ$24 million (US$15.5 million).
- According to a Stuff report Thursday, a creditor, U.S. firm Stakenet, has been told that about NZ$62,000 (US$45,000) in the XSN cryptocurrency had been transferred out of its cold wallet on Feb. 1.
- Unused since the first Cryptopia hack in January 2019, the wallet is reported to contain crypto assets worth NZ$2.7 million (US$1.97 million) in total.
- Liquidator Grant Thornton New Zealand said it hadn't authorized the movement of funds and that it is investigating the incident, according to an email seen by Stuff.
- Stakenet had not lost funds in the 2019 hack and had been hoping to eventually receive all its assets back.
- “If this unauthorized transaction has happened under Grant Thornton’s watch then they need to explain to the users why they failed to secure ... [the] assets like they were supposed to do and how someone was able to access them,” the company told Stuff.
- The news comes soon after Grant Thornton finally started allowing former users of the exchange to enter claims to retrieve their assets.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.