Hacked Cryptocurrency Exchange Cryptopia Goes Into Liquidation
Cryptopia, the crypto exchange hit by a major hack in mid-January, has appointed professional services firm Grant Thornton as liquidator.
The liquidator for the collapsed Cryptopia exchange says the way the platform was managed is slowing up the task of determining user holdings.
The liquidators of hacked New Zealand crypto exchange Cryptopia say it owes over $2.7 million to creditors, while user losses are still unknown.
The liquidator for the collapsed New Zealand-based crypto exchange Cryptopia now has NZ$7.2 million on balance for potential user refunds. Finding out who's owed what, though, is proving a tough task.
Cryptopia has filed for bankruptcy protection in the U.S. seeking to preserve vital user data held on servers in Arizona
Adam Clark, creator of the now-defunct Cryptopia, is trying again with a new exchange. Details are slim.