Topic: cryptopia

It's been a while since we had any updates about Cryptopia and the recent update from Grant Thorton looks promising. The firm now have possesionof the Cryptopia data which was previous held by the server company. Now they have to manually determine who has what and then do KYC to return the appropriate assets.  https://www.grantthornton.co.nz/update-for-cryptopia-account-holders-20-august-2019/

Cryptopia has announced that they are going out of business and opted for liquidation. On Tuesday, the website went into maintenance mode and not long after, announced on their twitter that they are going out of busniness via the liquidation firm Grant Thornton. Despite managments efforts to return #Cryptopia to business, they've decided it was in everyone's best interest to liquidate. https://www.grantthornton.co.nz/press/press-releases-2019/cryptopia-limited-appoints-grant-thornton-as-li...

The image from Feb. 24, 2019 below reads. While the NZ Police can state that they have handed our building back to us and that they are placing no constraints on the company resuming trading, there are a number of things that the company must consider first before any trading could recommence.  It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze th...