They also have 102.000$ of disbursement costs so it seems that someone got their money back after all?
No one has been "paid out".
Topic: Cryptopia Cryptocurrency Platform Services and Development - page 8. (Read 173717 times)
They also have 102.000$ of disbursement costs so it seems that someone got their money back after all?
No one has been "paid out".
f*** .... the claim website seems not active, is there another way to try again the claim process ?
Looks like the problem is on your end , maybe its possible that the Browser you are using is the problem , did you tried Firefox , it should be working there if its the Browser.I just also tried to login to the Claims Portal webpage and got no problem after inserting the 2FA Code and then i was instant in my Account there.
If you dont get it working write the Support at https://cryptopia.zendesk.com and explain your problem.
Anyone was able to register to the website ? Each time i tried, the website was stuck in the main page with no possibility to proceed to next steps... I tried on several computers, with different OS, from Windows, to Mac and Android...
I was able to about two weeks ago.
f*** .... the claim website seems not active, is there another way to try again the claim process ?
Anyone was able to register to the website ? Each time i tried, the website was stuck in the main page with no possibility to proceed to next steps... I tried on several computers, with different OS, from Windows, to Mac and Android...
I was able to about two weeks ago.
Anyone was able to register to the website ? Each time i tried, the website was stuck in the main page with no possibility to proceed to next steps... I tried on several computers, with different OS, from Windows, to Mac and Android...
Would this be allowed to go on in USA, Europe or even more developed Asia, let alone many other nations? Is there a chance that the NZ government might get involved?
What you mean excatly ?The NZ government is mostly the reason also why it takes so long .
Diffrent country , other laws and rules !
As i have heared the testing for KYC has been started now to a few Users and they should be received an email for that.
After that , all other will be receive there email for starting the KYC .
Would this be allowed to go on in USA, Europe or even more developed Asia, let alone many other nations? Is there a chance that the NZ government might get involved?
Chaaaaa ching. They're milking this fat cow till there's dust coming out the teets. Literally, they'll live on dust.
WTF happens when the coffers dry up, no more money to pay their $650/hr? Do we fuckers have to cough up to keep it going to ensure our coins are returned?
That is an actual concern. What happens to the liquidation process when there is no more Cryptopia funds to pay these cunts?
WTF happens when the coffers dry up, no more money to pay their $650/hr? Do we fuckers have to cough up to keep it going to ensure our coins are returned?
That is an actual concern. What happens to the liquidation process when there is no more Cryptopia funds to pay these cunts?
Did someone read GT report where they specified expenses on Cryptopia case?
They charged up to 650$ per hour and made almost 20.000$ travel expenses:
They also have 102.000$ of disbursement costs so it seems that someone got their money back after all?
Link to the report is here.
They charged up to 650$ per hour and made almost 20.000$ travel expenses:
They also have 102.000$ of disbursement costs so it seems that someone got their money back after all?
Link to the report is here.
The fact that an employee could casually copy/paste some private keys onto a USB drive and walk away with them is pretty damning evidence that their security protocols were poor to non-existent... 
~
It's no doubt that they didn't practice the layers of security in accordance with what's the standard. Even if it is unrelated to the Crypropia hacks, it blatantly shows how the way the exchange managed and operated. Guess it show the reasons why the exchange got hacked. 
Ex-Cryptopia Employee Pleads Guilty to Stealing $170K in Crypto 05 July 2021
https://www.coindesk.com/cryptopia-former-employee-stolen-funds-private-key-usb
https://archive.ph/fHCqS
Ex-Cryptopia staffer admits stealing almost $250,000 of cryptocurrency 05 July 2021
https://www.stuff.co.nz/national/crime/125617315/excryptopia-staffer-admits-stealing-almost-250000-of-cryptocurrency
https://archive.ph/AqmQ7
https://www.coindesk.com/cryptopia-former-employee-stolen-funds-private-key-usb
https://archive.ph/fHCqS
Ex-Cryptopia staffer admits stealing almost $250,000 of cryptocurrency 05 July 2021
https://www.stuff.co.nz/national/crime/125617315/excryptopia-staffer-admits-stealing-almost-250000-of-cryptocurrency
https://archive.ph/AqmQ7
Reading through the two news articles it's clear Cryptopia had very lax security, either through gross negligence, or, as a means for other employees (Owners?) to mount an exit scam at a later date.
It's interesting that the thief (obviously a Christchurch residence) has name suppression. I'll be keeping a watch to see if any pro-cryptopia forum members suddenly fall silent.
Ex-Cryptopia Employee Pleads Guilty to Stealing $170K in Crypto 05 July 2021
https://www.coindesk.com/cryptopia-former-employee-stolen-funds-private-key-usb
https://archive.ph/fHCqS
Ex-Cryptopia staffer admits stealing almost $250,000 of cryptocurrency 05 July 2021
https://www.stuff.co.nz/national/crime/125617315/excryptopia-staffer-admits-stealing-almost-250000-of-cryptocurrency
https://archive.ph/AqmQ7
https://www.coindesk.com/cryptopia-former-employee-stolen-funds-private-key-usb
https://archive.ph/fHCqS
Ex-Cryptopia staffer admits stealing almost $250,000 of cryptocurrency 05 July 2021
https://www.stuff.co.nz/national/crime/125617315/excryptopia-staffer-admits-stealing-almost-250000-of-cryptocurrency
https://archive.ph/AqmQ7
The Banana Republic of New Zealand, DO YOUR JOB AND CLEAN YOUR SHIT!!!
bump
In their report, they mention that the second stage of Identity verification will begin this month, but how can you confirm your identity to account holders who have not passed KYC?
The next stage of the claim process 2 ‘Identity verification’ will be piloted this month to test functionality with all 183 countries that we understand Cryptopia users are domiciled.
I passed the stage 1 verification and for the KYC i am also confused since my account is a NON-KYC account too. But I think the KYC is just formality to ensure they are refunding to a real person.
The main question is what will happen to those users who have multiple accounts that have balances in all accounts.
There is a new Update out since today from the Liquidatores !
You can read the Information and Update here whats going on and what will be coming
https://www.grantthornton.co.nz/update-for-cryptopia-claimants-and-stakeholders-10-june-2021/?fbclid=IwAR2sFnGCcP5GP_AGY95P8NXgvy5Tti2vReD3lPwODjsRXp9-BQNQuYZ9B2Y
https://twitter.com/Cryptopia_NZ/status/1402875702853074948
Will post here again if i get any new Information.
You can read the Information and Update here whats going on and what will be coming
https://www.grantthornton.co.nz/update-for-cryptopia-claimants-and-stakeholders-10-june-2021/?fbclid=IwAR2sFnGCcP5GP_AGY95P8NXgvy5Tti2vReD3lPwODjsRXp9-BQNQuYZ9B2Y
https://twitter.com/Cryptopia_NZ/status/1402875702853074948
Will post here again if i get any new Information.
In their report, they mention that the second stage of Identity verification will begin this month, but how can you confirm your identity to account holders who have not passed KYC?
The next stage of the claim process 2 ‘Identity verification’ will be piloted this month to test functionality with all 183 countries that we understand Cryptopia users are domiciled.
I couldn't be bothered with filling out a form that kept giving me errors. They know my email address. I received numerous emails from them which I confirmed because of the staking coins I withdrew.
So, for those of us whose time and patience is more valuable then the money we lost, what's the deal if they ever go legit and start paying out?
Is the window of time over for us to state the obvious to them about who we are?
So, for those of us whose time and patience is more valuable then the money we lost, what's the deal if they ever go legit and start paying out?
Is the window of time over for us to state the obvious to them about who we are?
There is a new Update out since today from the Liquidatores !
You can read the Information and Update here whats going on and what will be coming
https://www.grantthornton.co.nz/update-for-cryptopia-claimants-and-stakeholders-10-june-2021/?fbclid=IwAR2sFnGCcP5GP_AGY95P8NXgvy5Tti2vReD3lPwODjsRXp9-BQNQuYZ9B2Y
https://twitter.com/Cryptopia_NZ/status/1402875702853074948
Will post here again if i get any new Information.
You can read the Information and Update here whats going on and what will be coming
https://www.grantthornton.co.nz/update-for-cryptopia-claimants-and-stakeholders-10-june-2021/?fbclid=IwAR2sFnGCcP5GP_AGY95P8NXgvy5Tti2vReD3lPwODjsRXp9-BQNQuYZ9B2Y
https://twitter.com/Cryptopia_NZ/status/1402875702853074948
Will post here again if i get any new Information.
I just cannot understand why the NZ police have not been able to bring criminal proceedings against the person or people they feel are most likely the culprits. If they cannot find any link between any person with access to the sensitive information to the crime then they should bring in an alternative or external police force to make a cold case review. That might help solve the crime and retrieve some of the funds.
Its quite feasable that thats what could have happened, the disgruntled employees
stole those funds.
So this fraud complaint against GT is likely to rumble on for quite some time and will
no doubt add further delays to accounts and payouts being resolved.
I actually got good news yesterday after a few months of waiting:
stole those funds.
So this fraud complaint against GT is likely to rumble on for quite some time and will
no doubt add further delays to accounts and payouts being resolved.
I actually got good news yesterday after a few months of waiting:
Quote
....have reviewed your information, and manually approved your Cryptopia account ownership verification on the claims portal.
Clark and Dawson brought Grant Thornton in to the picture. They could have hired anybody but went for this company and they have taken lots of funds from the company.
The 344 Bitcoin they sold at around $12,700 each to recover their costs brought in around $4.4 million but the Cryptopia hack was worth around $23-24 million. If the liquidators had the foresight to have kept those funds and sold them later (as in today) they would be worth around $58,000 each therefore 344 Bitcoin would have brought in around $20 million and many investors facing losses would have been able to recoup their funds in fiat at least.
Reading through the article what comes to mind at first is one very important question: When Intranel staff were told their services were no longer required it made some of the Cryptopia staff upset so was it possible that either one or more Cryptopia staff with or without the collusion of Intranel staff stole the funds and deleted the customer database?
It certainly seems plausible because when the company went under it had a staggering 37 employees including many that were friends with their Intranel counterparts so even if there was just one bad apple from a group of 37 then it would have been possible to bring Cryptopia to a disastrous end: Cryptopia Heist
The 344 Bitcoin they sold at around $12,700 each to recover their costs brought in around $4.4 million but the Cryptopia hack was worth around $23-24 million. If the liquidators had the foresight to have kept those funds and sold them later (as in today) they would be worth around $58,000 each therefore 344 Bitcoin would have brought in around $20 million and many investors facing losses would have been able to recoup their funds in fiat at least.
Reading through the article what comes to mind at first is one very important question: When Intranel staff were told their services were no longer required it made some of the Cryptopia staff upset so was it possible that either one or more Cryptopia staff with or without the collusion of Intranel staff stole the funds and deleted the customer database?
It certainly seems plausible because when the company went under it had a staggering 37 employees including many that were friends with their Intranel counterparts so even if there was just one bad apple from a group of 37 then it would have been possible to bring Cryptopia to a disastrous end: Cryptopia Heist
Cryptopia Rescue group annouced they submitted a Fraud Complaint against the liquidator Grant Thornton in New Zealand.
https://twitter.com/CryptopiaRescue/status/1377592639155970050
https://www.cryptopiarescue.com/post/fraud-complaint-laid (https://archive.ph/wip/M9Ybf)
https://twitter.com/CryptopiaRescue/status/1377592639155970050
https://www.cryptopiarescue.com/post/fraud-complaint-laid (https://archive.ph/wip/M9Ybf)
Its quite feasable that thats what could have happened, the disgruntled employees
stole those funds.
So this fraud complaint against GT is likely to rumble on for quite some time and will
no doubt add further delays to accounts and payouts being resolved.
I actually got good news yesterday after a few months of waiting:
Quote
....have reviewed your information, and manually approved your Cryptopia account ownership verification on the claims portal.
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