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Topic: [2023-03-22] Cryptopia.co.nz owners did it again! Self hack. (Read 68 times)

legendary
Activity: 3248
Merit: 3098
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You again?! how many topics do you plan to open to discuss the connection between these two? also, What is the point of what you are doing, have you just now accepted that you were stolen from those exchanges?

I would say that you are a little late because now everyone knows that both exchanges you mentioned are scams. You should have come out with the evidence while it was still in full force, so that way you help others save their money.
Oh wait, you do not offer any proof about the connection between unnamed and Cryptopia.
hero member
Activity: 1428
Merit: 836
Top Crypto Casino
Can you give at least some proofs to back this up, especially regarding the new exchange. The "self-hacked" is possible but all this discussions are just speculations and conspiracies but could happen tho.
legendary
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Interesting if true - are you quoting any "official" sources, or, are you just speculating?

You'd be better off moving this to the Reputation Board for further discussion.
full member
Activity: 265
Merit: 100
Cryptopia.co.nz was a New Zealand-based cryptocurrency exchange that was founded in 2014. The platform quickly gained popularity among cryptocurrency enthusiasts due to its wide variety of altcoins and relatively low trading fees. However, in January 2019, Cryptopia suffered a major hack, which resulted in the loss of millions of dollars worth of cryptocurrencies.

Initially, it was believed that the hack was carried out by an external party. However, as the investigation progressed, it became apparent that the hack was actually a self-hack, orchestrated by the owner of the exchange, Adam Clark, also known as "ssadam". Clark had apparently been siphoning off funds from the exchange for some time, and the hack was an attempt to cover his tracks.

The hack was a devastating blow to the Cryptopia platform and its users. The exchange was forced to enter into liquidation, and many users lost significant amounts of money. However, in the aftermath of the hack, it emerged that Clark and his partner, Tilkoeln, had already set up a new exchange called Unnamed.exchange.

Unnamed.exchange was launched in April 2019, just a few months after the Cryptopia hack. The new platform offered a similar range of altcoins and low trading fees as Cryptopia, and it was clear that Clark and Tilkoeln were attempting to replicate their previous success. However, there were concerns among the cryptocurrency community that the new exchange was simply a continuation of the fraudulent activities that had taken place at Cryptopia.

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