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Topic: Cryptopia Cryptocurrency Platform Services and Development - page 3. (Read 172850 times)

full member
Activity: 150
Merit: 100
Hello everyone. Cryptoia was really a cool exchange. Soon 4 years, as she is gone.  I am looking for former holders of skeincoin and dimecoin coins. There is also an offer for other speculators, traders of this platform. Write to me personally or here in the branch. I want to discuss options for cooperation to promote a project that was created a year ago and is gradually developing. We will reimburse the holders of skeincoin and dimecoin for the losses on the Cryptopia exchange.
legendary
Activity: 2520
Merit: 1490
Yes, it seems to me that this will continue for a very long period, users waiting for the return of their crypto assets have nothing left but to go through all the stages step by step and formally until the moment of the agreement, it may take forever, but the reports of the liquidators look beautiful, in five months it will be four years since the hack of the exchange.
hero member
Activity: 2618
Merit: 550
There's an old book called Get Rich Quick Wallingford.  It was also a movie.  It's a great read, probably can find it free online. 

The theme of the book is stealing money legally. 
legendary
Activity: 2506
Merit: 1710
Top Crypto Casino
I am disappointed to see this drama is still continuing. How much of the recovered funds have gone directly in to the pockets of Grant Thornton to cover their expenses while they investigate. What will be left for victims? When will victims receive their funds? There is no end in sight, this saga goes on and on.

newbie
Activity: 6
Merit: 0
Grant Thornton says they will need sufficient progress in account holders completing stage 2 and they expect more months. When they talk about months they mean years again?
Why should someone still get in touch if they haven't done it in the past 10 months?
I can imagine that they get a lot of money for lending our coins, more than the thieves stolen in 2019.

At a limitation of damage by returning our property before another price drop, they do not seem to be interested.
legendary
Activity: 2940
Merit: 3030
There is now the Liquidators Seventh Report on the State of Affairs of Cryptopia Limited out since yesterday !
You can read find the Report and Update in form of an PDF file on the Liquidators Webpage and also on the link i have written here.
Its nothing special new on this update really but just wanted to let you know about it.

Source : https://www.grantthornton.co.nz/cryptopia-limited/
Source1 : https://www.grantthornton.co.nz/globalassets/1.-member-firms/new-zealand/pdfs/cryptopia/seventh-liquidators-report_cryptopia.pdf
Source2 : https://twitter.com/Cryptopia_NZ/status/1536582334891163648
hero member
Activity: 535
Merit: 500
Neverending drama
hero member
Activity: 2618
Merit: 550
Has anyone had any of their coins returned to them yet?

I got tired after the fourth try with shoddy website interfaces/verification/double verification after I already verified on various of the hack sites to give the refund process much more work as of yet.  



If I'm not mistaken, this theft was done at the start of a bear market and now its ridden out one bull market, we are now in a lull even bear market, to pay us back maybe at the top of the next bull market?  Probably even one more go around.  

Maybe Bitcoin will be 100K then.
legendary
Activity: 3626
Merit: 2209
💲🏎️💨🚓
Ya don't say:

Armstrong Downes Commercial creditor trying to replace liquidators

https://www.stuff.co.nz/business/industries/128740317/armstrong-downes-commercial-creditor-trying-to-replace-liquidators?utm_source=dlvr.it&utm_medium=twitter - Archive [1a] [1b]

Melanie Carroll15:03, May 24 2022

Quote
A large creditor of failed Wellington construction company Armstrong Downes Commercial is trying to replace the liquidators with someone with “some teeth” to ensure subcontractors get paid.

Armstrong Downes (ADC) shareholders had appointed David Ruscoe​​ and Russell Moore​​ from Grant Thornton as liquidators. However, Lower Hutt developer Kevin Melville, whose High St Holdings 2020 Ltd was a client, said he wanted to replace them with Damien Grant of Waterstone Insolvency as the new liquidator.

“He doesn’t care if people don’t like him, he’s going to go after these guys, and I think that’s the right thing for the subbies, end of story,” Melville said.

I just want a stronger receiver with some teeth that’s going to bite into Tony [Doile] and Simon [Taylor].”
legendary
Activity: 2506
Merit: 1710
Top Crypto Casino
Just a word of warning.... What happened to Cryptopia could happen to any exchange. Nobody at all should be keeping their coins on an exchange unless they are intending to trade them. Other than that they should be held by the owner otherwise you risk losing them - it is that simply.

What happened at Cryptopia should serve as a lesson to us all. Just because an exchange has been around for some time and has almost zero complaints against them does not mean another Cryptsy or Cryptopia will not happen.

Please be careful with you crypto, it is after all investment and money whichever way you look at it.
member
Activity: 72
Merit: 10
We have received orders permitting us to convert the equivalent of NZD$5 million Dogecoin (DOGE) into fiat currency to meet the reasonable exhorbitent, cow milking, over the fucking top cost and expenses of and incidental to the protection, preservation, recovery, management, and administration of any Cryptocurrency.

Fixed.
Thank you for fixing the statement. That is much more accurate.
full member
Activity: 410
Merit: 106
We have received orders permitting us to convert the equivalent of NZD$5 million Dogecoin (DOGE) into fiat currency to meet the reasonable exhorbitent, cow milking, over the fucking top cost and expenses of and incidental to the protection, preservation, recovery, management, and administration of any Cryptocurrency.

Fixed.
legendary
Activity: 2520
Merit: 1490
There is a new Update out from today about the Claims process from the Liquidators !

Literally there are some news about theft from that " Michael Glaser " and that they converted some Doge into fiat for around 5 Million NZD.
You can read the whole article here : https://www.grantthornton.co.nz/insights/update-for-cryptopia-claimants-and-stakeholders-28-march-2022/

The next statutory report should be come in June.

Source : https://www.grantthornton.co.nz/insights/update-for-cryptopia-claimants-and-stakeholders-28-march-2022/

Thank you for the updated information on the ongoing procedure, I wonder what time all this can take if only less than 10% of all cryptopia customers (..... more than 82,000 users in the registration process......However, we are dealing with over 900,000 account holders) are in the process of registering, it should take years.
legendary
Activity: 2940
Merit: 3030
There is a new Update out from today about the Claims process from the Liquidators !

Literally there are some news about theft from that " Michael Glaser " and that they converted some Doge into fiat for around 5 Million NZD.
You can read the whole article here : https://www.grantthornton.co.nz/insights/update-for-cryptopia-claimants-and-stakeholders-28-march-2022/

The next statutory report should be come in June.

Source : https://www.grantthornton.co.nz/insights/update-for-cryptopia-claimants-and-stakeholders-28-march-2022/
full member
Activity: 410
Merit: 106
Nope I'm all for naming and shaming those that commit crime. So many people here in NZ get name suppression, and show no remorse when in court. They need to know if they fuck someone over they will be outed as an asshole to all that know them.
legendary
Activity: 2520
Merit: 1490
The New Zealand Christchurch District Court has done a decision about the Guy that has stolen the 250k worth of Bitcoin!
Name of former employee is also given out from the Court now , Michael Glaser possible a contractor from Intranel.
You can read the whole Story in the source article.

Source : https://www.stuff.co.nz/national/crime/128094837/former-cryptopia-staffer-gets-home-detention-after-stealing-almost-250k-of-cryptocurrency

Interesting information, it's strange that for the active repentance of Cryptopia employee Michael Glazer, who committed the theft of private keys, the judge went to divulge his name, is this an attempt to intimidate this person in order to prevent him from disclosing some not convenient information, especially since many, as the article says, have already received threats.

You're reading a lot into that.  Maybe because most people who create serious crimes are named?

Why would he not be named?

I am for the names of the criminals to be disclosed, but in the case when the process is completed and the victims have received compensation, and the criminal has deserved punishment.

It's just that in this case the process is not complete and the demonstration of the disclosed episode as some kind of progress, especially since he actually confessed to the theft himself, seems to me not very productive, that's all I meant.
hero member
Activity: 2618
Merit: 550
The New Zealand Christchurch District Court has done a decision about the Guy that has stolen the 250k worth of Bitcoin!
Name of former employee is also given out from the Court now , Michael Glaser possible a contractor from Intranel.
You can read the whole Story in the source article.

Source : https://www.stuff.co.nz/national/crime/128094837/former-cryptopia-staffer-gets-home-detention-after-stealing-almost-250k-of-cryptocurrency

Interesting information, it's strange that for the active repentance of Cryptopia employee Michael Glazer, who committed the theft of private keys, the judge went to divulge his name, is this an attempt to intimidate this person in order to prevent him from disclosing some not convenient information, especially since many, as the article says, have already received threats.

You're reading a lot into that.  Maybe because most people who create serious crimes are named?

Why would he not be named?
legendary
Activity: 2520
Merit: 1490
The New Zealand Christchurch District Court has done a decision about the Guy that has stolen the 250k worth of Bitcoin!
Name of former employee is also given out from the Court now , Michael Glaser possible a contractor from Intranel.
You can read the whole Story in the source article.

Source : https://www.stuff.co.nz/national/crime/128094837/former-cryptopia-staffer-gets-home-detention-after-stealing-almost-250k-of-cryptocurrency

Interesting information, it's strange that for the active repentance of Cryptopia employee Michael Glazer, who committed the theft of private keys, the judge went to divulge his name, is this an attempt to intimidate this person in order to prevent him from disclosing some not convenient information, especially since many, as the article says, have already received threats.
legendary
Activity: 2940
Merit: 3030
The New Zealand Christchurch District Court has done a decision about the Guy that has stolen the 250k worth of Bitcoin!
Name of former employee is also given out from the Court now , Michael Glaser possible a contractor from Intranel.
You can read the whole Story in the source article.

Source : https://www.stuff.co.nz/national/crime/128094837/former-cryptopia-staffer-gets-home-detention-after-stealing-almost-250k-of-cryptocurrency
legendary
Activity: 2520
Merit: 1490
So it looks like you dont have readed the last Liquidator update fully then !
If there will be coming any news or updates i will for sure post the links to them here.
So the only thing we can do is to wait til we get some news from the Liquidators.
Quote
Where to go for updates
We appreciate that you want to be advised of our progress on the Cryptopia liquidation with our next statutory report due in June 2022 however, we expect to provide an update on legal applications before this date. We will continue to update you as further information comes to hand and provide updates on the claims process.
Source : https://www.grantthornton.co.nz/update-for-cryptopia-claimants-and-stakeholders-10-dec-2021/

Yes, thank you, I read this just thought that maybe someone received messages from a group of liquidators, but since this was not the case, we will just watch what is happening and wait for further development and resolution of this situation that has arisen.
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