Cryptopia liquidate. The exchange’s management can not cope with the consequences of breaking

Cryptopia eliminate, as liquidators of the company will be David Rusko and Russell Moore, representatives of the new Zealand branch of the consulting firm Grant Thornton International. This information is confirmed in the official press release from Cryptopia, as well as in the announcement itself Grant Thornton.

Recall that the exchange was hacked at the beginning of this year. Guide Cryptopia has made every effort to personally cope with the consequences of the damage. For some time the trading platform even returned to work, but to resume trading and failed.

What will happen to the money users Cryptopia?

According to representatives of Grant Thornton, the creators of Cryptopia acknowledged that it did not see opportunities to return profitability. In this situation, the liquidation of the company was “the best decision in the interests of customers, employees and shareholders” of the company.

Mentioned in the press release of liquidators will perform a detailed investigation of all the events with Cryptopia over the past few months. Of course during this period, the marketplace will not be able to carry out the transaction. David Rusko made a few remarks relative to his appointment.

We understand that users want Cryptopia as soon as possible to achieve resolution of the problem. We will conduct a thorough investigation in cooperation with the shareholders and management of the company to find the best way out of this situation in the interests of traders and other shareholders.

Given the extent of work involved, the investigation could be delayed “probably months rather than weeks”. The liquidators will also be based on the data of law enforcement bodies and other government agencies in New Zealand.

Source: Unsplash

We will remind, earlier this month Binance, too, was under attack. Fortunately, the damage was not significant and almost no impact on the market. On stock continues planned technical works.

Tuned situation with Cryptopia stay in our cryptodata.


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