Cryptopia news latest

Cryptopia, a New Zealand-based cryptocurrency exchange, has been in the news recently due to a hack that occurred in January 2019. Here are some of the latest updates:

Latest News:

  1. Cryptopia's Liquidation: In February 2020, Cryptopia's liquidators announced that they had sold off the majority of the exchange's assets, including its cryptocurrency reserves, to pay off creditors. The liquidation process was completed in March 2020.
  2. Hacker's Identity Revealed: In January 2020, the New Zealand Police announced that they had identified the individual responsible for the hack, but did not release their name due to privacy concerns.
  3. Cryptopia's Rebranding: In December 2019, Cryptopia's new owners, a company called CryptoNZ, announced plans to rebrand the exchange and relaunch it under a new name. However, there has been no update on the status of this rebranding effort.
  4. User Funds Recovery: In October 2019, Cryptopia's liquidators announced that they had recovered some of the stolen funds, but the majority of user assets remain missing.

Previous News:

  1. Hack and Theft: In January 2019, Cryptopia announced that it had been hacked, resulting in the theft of an estimated NZD 23 million (approximately USD 15 million) worth of cryptocurrency.
  2. Exchange Shutdown: Following the hack, Cryptopia shut down its operations and ceased trading, citing the need to investigate the incident and recover stolen funds.
  3. Investigation and Lawsuits: The New Zealand Police launched an investigation into the hack, and several lawsuits were filed against Cryptopia and its owners. In August 2019, a class-action lawsuit was filed in the United States on behalf of affected users.
  4. Liquidation and Asset Sales: In June 2019, Cryptopia's liquidators announced that they would be selling off the exchange's assets to pay off creditors. The liquidation process was completed in March 2020.

Please note that the situation surrounding Cryptopia is complex and ongoing, and the latest news may not reflect the current status of the exchange or its assets.