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Will Cryptopia return digital assets after a cyberattack?

The bankrupt cryptocurrency exchange Cryptopia is planning to return digital assets to its users affected by a cyberattack that occurred in 2019. Following a prolonged period of uncertainty and legal proceedings, the New Zealand-based exchange aims to provide relief to those impacted by the security breach, according to a report by Coindesk.

What is Cryptopia & how does it work?

Cryptopia is a forgotten classic when it comes to crypto exchange hacks - a cautionary example of how dirty things get when an exchange gets hacked and goes under. Although the allegations that the hack was an insider job were never confirmed nor denied. The situation turned into an endless nightmare for creditors regardless.

Can a Cryptopia customer claim a return from a defunct exchange?

The liquidator of the defunct cryptocurrency exchange Cryptopia has told former customers they can now begin making claims for the return of their funds.

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