Report post

What is Cryptopia loss marker?

Cryptopia Loss Marker. It was issued after the initial hack as a compensatory token, allowing them to steal 14% of everyone's holdings (in my case Bitcoin, which wasn't even hacked). Smoke and mirrors, as it has never had a value and never will. I read that CLM represents client losses in $NZ.

What's wrong with Cryptopia?

On the cryptopia subreddit, reddit.com/r/cryptopia, user u/jimham162 complains of additional requests for personal identification months after initial submission, issues with the claims portal, and long wait times for customer support. Other users have created posts complaining about the long wait times laid out by Grant Thornton.

Does Cryptopia have a stage 2 identity verification process?

Grant Thornton explains in their update that stage 2 — Identity Verification — has been a staggered process because Cryptopia users are domiciled across 183 different countries. They do, however, report that they have made ‘good progress’ so far.

Does Cryptopia have a Twitter account?

One of these channels is the Cryptopia exchange Twitter account (@Cryptopia_nz). It did provide an update to its over 237,000 followers on December 9th at 1:36pm New Zealand time, tweeting a link to the official Grant Thornton announcement released on the same day.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts