In the wake of the devastating hack on Cryptopia, a leading
cryptocurrency exchange, investors and stakeholders alike have been eagerly anticipating news on the recovery process. The question that lingers in the minds of many is: how much has Cryptopia truly recovered? Have they been able to regain the trust of their users and investors? Have they implemented robust security measures to prevent such incidents from recurring? The answer to these questions is crucial in determining the future of Cryptopia and its place in the cryptocurrency landscape. It's a question that demands clarity and transparency, given the significant financial losses and reputational damage that followed the hack.
7 answers
Claudio
Tue Jul 16 2024
According to their second report, they have recovered almost $11 million from May to November.
emma_grayson_journalist
Tue Jul 16 2024
Cryptopia, a cryptocurrency exchange in New Zealand, faced a significant hack that left its users vulnerable.
Chiara
Tue Jul 16 2024
In response, liquidators were appointed to manage the exchange's affairs and recover any lost funds.
Federico
Tue Jul 16 2024
In the past six months, Grant Thornton, the liquidators, have made significant progress in recovering funds.
JessicaMiller
Mon Jul 15 2024
This amount translates to approximately 10.9 million New Zealand dollars.