For a while Cryptopia had a professional CEO, who quit arround June 2018. CEOs do not usually quit thriving businesses. But this one did. After that, @Triple_HeXXX's daddy became interim managing director of Cryptopia. A bit of a strange move for a founder, to appoint his daddy instead of himself. Coincidentally or not, about the same time the other founder @sa_ddam213 started developing an alternate exchange. Then a month before the alleged hack, someone started dumping CEFS. CEFS being essentially a money printing machine, you just had to watch money rolling in. But dumped them nevertheless. And a few days before the alleged hack, trading volume dropped, as if someone or some groups in the know started turning off their trading bots in anticipation of something. And a few hours before the alleged hack, ETH dumped on Cryptopia.
Can you spell i-n-f-i-g-h-t-i-n-g? How about i-n-s-i-d-e j-o-b?
It can't have been as early as June 2018, as he was still posting "CEO updates" in October 2018, this is from just 6 months ago:
Alan Booth updates:
https://support.cryptopia.co.nz/csm?id=search&t=kb&q=Alan%20BoothCEO Update: Refreshed Site Announcement (04/10/2018)https://support.cryptopia.co.nz/csm?id=kb_article&sys_id=2911e5afdbf42f40d7e096888a961904Dear Cryptopians
We have lift off! Today we unveiled a fresh new look for Cryptopia. This is the first of many exciting changes planned for the exchange to deliver on our promise of a fast, secure and customer focused exchange. I would like to take this opportunity to update you on a number of initiatives we are implementing to ensure we remain one of the leading global cryptocurrency exchanges.
1. UPGRADED SYSTEMS & INCREASED HEADCOUNT
Cryptopia has invested heavily this year in upgraded systems and infrastructure to improve our scalability after learning some lessons earlier this year when we experienced 950% growth from November 2017 through to January 2018. With over 2 million global users, we have increased our headcount by almost 400% this year and have moved into new offices that have been customised to suit our ever expanding team. I am also thrilled to welcome Raj Wadhera, our new Sales and Marketing Director, to Cryptopia. He joins at a pivotal time as we experience accelerated business growth. With his proven track record developing a world-class experience, he is a welcome addition to our talented team who are delivering high-performing and highly secure services to our users around the world. We are also recruiting for a number of new positions and welcome your applications.
2. CUSTOMER SERVICE IMPROVEMENTS
Throughout the last quarter, we have significantly improved our customer service standards and are moving closer to our goal of offering World Class Service. Our recent average response times are under 7 hours and our mean time to resolution is 2.5 days. We are still aiming to deliver a one-hour response rate and for 90% of tickets to be resolved within one business day. The 10% of new tickets we are unable to resolve within that time frame generally relate to issues for coins in maintenance and this is often outside of our control. Please see our Help Centre article about why coins need to go into maintenance for further information.
3. REFRESHED NEW LOOK & IMPROVED FEATURES
We have today rolled out a fresh new look that is the start of a whole host of changes that will deliver a faster and cleaner experience for our users. We would appreciate your feedback and encourage you to create a new support ticket. Please ensure you categorise the ticket as 'Exchange', subcategory 'Other' with the Subject of 'Design Feedback' and include the device and browser you are using as well as any screenshots to ensure our development team can review. There are many other new features and improvements planned for the last quarter of 2018 - stay tuned for further announcements.
Lastly, I would like to thank our loyal customers for their patronage throughout the ups and downs of the market in 2018. Cryptopia firmly believes that cryptocurrencies are the future of financial services. We look forward to the rise of cryptocurrencies and blockchain technology, with our customers at the core of all improvements and new products we launch.
Best wishes,
Alan Booth
His departure must have occurred sometime after October 4, 2018, the date of the last "CEO update". Also leaves the questions of what happened, where he is now and whether he was investigated after the attack, as well the actual date that he left the company. It is strange is how quietly this was handled, appointment or departure of a CEO/important staff is normally used by marketing teams to promote the company, create a buzz, but Cryptopia it was all silence.
Was he caught with his hand in the cookie jar?
