First of all let's be frankly - cryptopia was a shitcoin exchange and the "hack" was just a matter of time. I don't believe that some hacker was able to hach cold wallets from outside. It's definitely the work of cryptopia founders.
In terms of security 2Fa, multiple check points, cryptopia was A++;
in terms of customer support, they started to suck mid-2018.
just a matter of time.
well that by your logic applies to ALL exchanges given whatever a "shitcoin exchange" can be defined as.
This was a serious exchange. was.
Again A++;
Very few could grade above it's level in terms of transparency.
In terms of jurisdiction.
In terms of functionality.
ETH specifically be hacked is a giant red flag.
This looks slippery deeper than non-nonchalant just a "shitcoin" exchange comments.
{It's definitely the work of cryptopia founders.}
Looks like that is the reasonable explanation.
Founders don't know. But some one with keys.