#Cryptopia News

Cryptopia Update: Victims of Hacked Bitcoin Exchange to Receive $100M Compensation

April 8, 2020 by Osato Avan-Nomayo at Bitcoin

A Christchurch High Court has ruled that over 800,000 users of the now-defunct cryptocurrency exchange platform Cryptopia, are entitled to the digital assets held in their accounts before the hack occurred. Cryptopia Users Win $100M Crypto Assets Court Case According to the documents of a Christchurch High Court verdict published...

Cryptopia Liquidator Say Hacked Crypto Exchange Flouted AML Laws

February 11, 2020 by Osato Avan-Nomayo at Bitcoin

Evidence presented by liquidators from accounting behemoth Grant Thornton suggests that New Zealand crypto exchange Cryptopia failed to comply with anti-money laundering (AML) regulations before suffering a hack back in January 2019. Cryptopia Had Zero KYC/AML Compliance Pre-hack According to NZ Herald, liquidators from accounting giant Grant Thorton have filed...

AT&T Dragged to Court by Bitcoin ‘Hodler’ Losing Over $1.8M in Sim-Swapping Attack

October 25, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Seth Shapiro, a California resident who claims to have lost a massive $1.8 million worth of Bitcoin and altcoins through a SIM swapping attack in May 2018, has filed a lawsuit against AT&T. Shapiro claims the telecoms operator made it possible for hackers to gain control of his AT&T wireless...

Grant Thornton Recovers Data Belonging to Hacked Cryptopia Cryptocurrency Exchange

August 22, 2019 by Anthonia Isichei at Development

Grant Thornton, which serves as liquidators for hacked New-Zealand cryptocurrency exchange, Crytopia, recently released an updated report on its activities so far. According to a report on its website on August 21, 2019, the liquidators, among other things, successfully recovered customers’ data that was previously in the possession of a...

Grant Thornton: Bankrupt New Zealand Bitcoin Exchange Cryptopia Has $4 Million Liability

June 2, 2019 by Anthonia Isichei at Exchange, News

Liquidators of dissolved New Zealand-based cryptocurrency exchange, Cryptopia, released its first report on May 31, 2019. The report detailed the current state of the exchange along with its financial status and revealed a liability of over $4 million. $4.22 Million Outstanding Debt Following the liquidation of New Zealand-based cryptocurrency exchange, Cryptopia,...

New Zealand: Cryptopia Seeks to Preserve User Account Data Amid new Challenges

May 27, 2019 by Aisshwarya Tiwari at Altcoins, News

Accounting firm Grant Thornton LLC on May 27, 2019, provided an update regarding the petition for bankruptcy filed by the now-defunct cryptocurrency exchange Cryptopia. The company said that it is working towards preserving the exchange’s users’ data stored and hosted on the servers of a U.S.-based firm. Cryptopia Falling Hard...

Cryptopia in the Bottom of a Bargain bin

Troubled New Zealand Exchange Cryptopia Goes Into Liquidation

May 15, 2019 by Aisshwarya Tiwari at Business, Exchange, News

Things went from bad to worse for the beleaguered cryptocurrency exchange Cryptopia when it came to light that it had been placed in liquidation after its failed attempts to restart the business. This according to a report by NZ Herald, May 15, 2019. Another One Bites the Dust Barring a...

Cryptopia Exchange Relaunches Following January Hack

March 20, 2019 by Tokoni Uti at Altcoins, Business, Crime, Exchange, News

Following a January 2019 hack that cost them millions of dollars, Cryptopia has relaunched on March 19, 2019, With 40 Trading pairs. The History of the Hack In January 2019, Cryptopia experienced one of the first crypto exchange hacks of the year which led to the loss of millions of...

Cryptopia Returns, Restores User Balances to Pre-Hack State

March 6, 2019 by Tokoni Uti at Altcoins, Business, Crime, Development, Exchange, News

Cryptopia has relaunched its website and restored its users’ balances to their pre-hack state, as confirmed by their official Twitter account on March 5, 2019. Back in Business One of the biggest stories of early 2019 was the hack of New Zealand-based exchange Cryptopia in January 2019 which led to...

U.S. Authorities Recover Bitcoin from 2016 Bitfinex Hack

February 26, 2019 by Tokoni Uti at Business, Exchange, Finance, News

Bitfinex has announced that they will be compensating 5,000 victims of its 2016 hack as it was reported by Reuters on February 25, 2019, that US authorities have recovered some of the bitcoin that was stolen during the hack. Rightful Owners Bitfinex has scored a small victory this week now that...

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