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Topic: Cryptopia Cryptocurrency Platform Services and Development - page 6. (Read 174444 times)

legendary
Activity: 3220
Merit: 3509
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: 2618
Merit: 1505
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: 2814
Merit: 552
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: 2618
Merit: 1505
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: 3220
Merit: 3509
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: 2618
Merit: 1505
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.
legendary
Activity: 3220
Merit: 3509
Maybe someone has some fresh data about how communication is going on with the team dealing with the issue of liquidation and compensation to affected users of the Cryptopia exchange, and then there has been no news here for almost three months, which does not look optimistic. Sad

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/
legendary
Activity: 2618
Merit: 1505
Maybe someone has some fresh data about how communication is going on with the team dealing with the issue of liquidation and compensation to affected users of the Cryptopia exchange, and then there has been no news here for almost three months, which does not look optimistic. Sad
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
So 2nd half next year before they deploy what the return process could be like. GT are milking this to the very last drop, sucking the teat till its only dust coming out.

Can you please explain what do you mean by that? There is a way to do something faster? Besides, they need a court order regarding both unclaimed funds and their distribution, along with the funds that were claimed and waiting to be distributed. As far as I know, court orders for such cases are not as fast as we all want... Sad
full member
Activity: 410
Merit: 106
So 2nd half next year before they deploy what the return process could be like. GT are milking this to the very last drop, sucking the teat till its only dust coming out.
legendary
Activity: 3220
Merit: 3509
There is a new Update from the Cryptopia Liquidators out now !

Some Information about how the things are going and how the next steps will be .
Everybody should be reading it for there one and i dont want to quote the whole text written from the Liquidators.

Source 1 : https://www.grantthornton.co.nz/update-for-cryptopia-claimants-and-stakeholders-10-dec-2021/
Source 2 : https://twitter.com/Cryptopia_NZ/status/1469088823728431109
hero member
Activity: 1035
Merit: 558
Do we know about the funds that will be distributed back to holders? As far as I know, it wouldn't be the 100%. Undecided
yep, it all depends on how much in cryptos they will be able to obtain from selling these documents on darknet. Definitely not 100%



just kidding Grin
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
Glad to hear that you successful pass the KYC verification , and yeah looks like it works with a Smartphone better as on other devices.
You dont get any Email when you successful done the KYC , just loggin into your Claims Portal Account and if all is good ,
there should be written " Confirmation Thank you for adding your Identification documentation " .

You only will get an Email when something was going wrong with the KYC or if there is an issue with it.

Well, that's what I see in my account, plus my reference number, so I guess I'm all good to go. Smiley Hopefully, the next e-mail will be for getting to the next phase and not for a KYC issue.
Do we know about the funds that will be distributed back to holders? As far as I know, it wouldn't be the 100%. Undecided
legendary
Activity: 3220
Merit: 3509
Today I try to pass the KYC verification procedure via my phone (the previous one was from my PC) and it seems that it was successful. It doesn't take long (a couple of minutes) and it was pretty easy if you have your doxs ready. By the way, does anyone knows if there will be any e-mail regarding our KYC approval or the only new notice from GT will be about the next phase initiation?
Glad to hear that you successful pass the KYC verification , and yeah looks like it works with a Smartphone better as on other devices.
You dont get any Email when you successful done the KYC , just loggin into your Claims Portal Account and if all is good ,
there should be written " Confirmation Thank you for adding your Identification documentation " .

You only will get an Email when something was going wrong with the KYC or if there is an issue with it.
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
Today I try to pass the KYC verification procedure via my phone (the previous one was from my PC) and it seems that it was successful. It doesn't take long (a couple of minutes) and it was pretty easy if you have your doxs ready. By the way, does anyone knows if there will be any e-mail regarding our KYC approval or the only new notice from GT will be about the next phase initiation?
full member
Activity: 410
Merit: 106
The level of retardation in this thread is next level Forest Gump. Cryptopia was hacked. Grant Thornton are handling the liquidation and the company you are now dealing with. TOTALLY DIFFERENT FUCKING COMPANY!
sr. member
Activity: 1008
Merit: 407
I ❤️Bitcoin
I can't believe people are forking more personal information to a company that has robbed them.
Many don't want to do this, but they are still taking this risk because they have hope for something good I am also having few doubts, but amount is big just because of this I am also doing this all even I already leave few sites just because of this they are now asking for KYC verification, but I am feeling no happy with this but here case is completely different, so I am also involved in this all.
legendary
Activity: 3038
Merit: 1104
This is what I do. I drink and I know things.
I can't believe people are forking more personal information to a company that has robbed them.

This is not the case here. The company didn't rob us, they didn't get the money and go "in the wind". Instead, they did what they suppose to do following the procedure that the authorities point out. IMO if someone has a good amount of crypto, he should pass the KYC. Even if he doesn't really want to.
member
Activity: 564
Merit: 19
I can't believe people are forking more personal information to a company that has robbed them.

+1 This...
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