Topic: Cryptopia Cryptocurrency Platform Services and Development - page 8. (Read 172850 times)

Is the underwriter action reasonable? They're taking 80 bitcoin. They can just let us take login and withdraw like normal?

hmmm

unnamed should have them most coins integrated allright.
so you dont need to load an years old blockchain if there is one
day realy an payout ^^

https://i.imgur.com/Q6MibBq.jpg

From recollection the last time I looked in on their statements (as covered via Stuff.co.nz etc) the NZ Police's investigation is "on going" and they (NZ Police) aren't giving a running commentary on their investigations.  IIRC the media said something along the lines of all employees have been questioned as well as board members etc.

This would mean those interviewed would have done so under what we call "under caution" - similar (but not the same as) the U.S.' "right to silence" (which in itself is not the same thing as that countries' Fifth Amendment" - i.e. refusing to answer questions under oath)

I do not know any of the main protagonists but it did seem clear Intranel were investors that had long term plans to take over the whole company or a majority stake at least and when the company failed there was no need for their Managing Director Dave Sanders to turn up at Court. When Booth took his $400,000 pay off when he was sacked for the disastrous 8 month tenure he effectively severed ties with the company and would not be interested in Court proceedings so would have no reason to attend other than from a moral stand-point where he could have done it.

As for Clark and Dawson they seem to have kept a low profile after calling the liquidators but they did benefit financially overall before the company closed as their properties seem to show. Mrs Clark also seems to have received a pay-off or settlement when she quit but that should not stop any of them attending Court just to see what was going on. Their presence would not mean any innocence or guilt on their part but it would mean they had executed their moral responsibilities towards investors by taking more than a passing interest in what was going on.

I am just not surprised by anybody who once held an authoritative position within the company deciding to not attending Court to see how proceedings were going. It is clear to me it was an inside job. Exactly who did cannot be ascertained but any one person or any permutation of the following could be involved though none have been charged:

Clark
Mrs Clark
Dawson
Mrs Dawson
Booth
Any number of Intranel staff
Any number of Cryptopia staff
Maybe even John Gotts

At one time or another, they all had access to the office where Cryptopia was operated from

Do you mean like these lists over on the [Cryptopia] ONLINE ARTICLES related to hack &theft of funds 2020 (non discussion thread?

https://bitcointalksearch.org/topic/m.49253290
https://bitcointalksearch.org/topic/m.49253290

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If the "Cryptopia Rescue" are a class action, then I can add their information to this list if they post their details on the other thread.

if anyone has Cryptopia BTC addresses they can share (PM me if you don't want to post in here) they will help confirm the cryptopia wallet cluster and trace where bitcoins have gone since the before and after the liquidation start.

I thought I replied to this earlier.

Thank you for the links. You put a lot of effort in to your thread highlighting and capturing details about the scam, all readers and victims should have a look at it.

I cannot understand how the New Zealand police decided to not prosecute Dawson and/or Clark. If they were not guilty of orchestrating and conducting the scam and nobody else could be proven then does that mean the Auckland police should call in a neighbouring police force to carry out a review of the whole process and see if they can question potential perpetrators?

That all changed in January last year when persons unknown hacked into the company's system and shunted about $24 million of the exchange's $250m store of cryptocurrencies out of reach.

The company had $1m in the bank and $5m in a third party trust account. The liquidators converted the company's 344 bitcoin to $4.4m cash.

You may not have seen that I've been collecting articles on Cryptopia from the net as documented in this thread:

[Cryptopia] ONLINE ARTICLES related to hack &theft of funds 2020 (non discussion)

(Note: that thread is not intended to be a discussion thread).

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From the OP links to other sites (including the NZ Police) where you can find more pertinent information:

Cryptopia went into liquidation in May 2019 after a hacker stole $24m – 15 per cent of Cryptopia clients’ digital currency stock, made up of about 900 different currencies including bitcoin. It is regarded as the biggest theft in New Zealand history.

The exchange was holding cryptocurrencies worth about $170m and had 800,000 account holders with a positive coin balance.

I never really noticed BenTheAnonMod in the past so it means he was not doing a good job being the public face of Cryptopia if many members here have no recollection of him but if he was an employee surely he could post here with empathy. He was last online here in January 2020.

Here are the Cryptopia creators Rob Dawson and Adam Clark promoting their now failed Cryptopia exchange.

I wonder if their roles in to the collapse of the exchange will be looked in to again by New Zealand police. Maybe they will be interviewed under caution or simply by being asked to voluntarily make statements about what happened back then that led to the closure of Cryptopia.

Have you noticed how silent "self proclaimed" employee BenTheAnonMod has been over the last twelve months?

Or the two other "official representatives" of Cryptopia that Trolled this thread until very recently?  (I wonder why they've been so quiet eh?)

What are the chances the founders of Cryptopia will be dragged back in to this issue with a view to some law enforcement agency finding them negligent and hold them responsible criminally?

Cryptopia doesn't/didn't have 80 BTC in their coffers. We likely paid that.

Grant Thornton also asked the court in a sworn affidavit for directions to sell the coins of account holders that failed to claim or meet the registration requirements on the liquidator, and the proceeds of those sales be assigned as company property, effectively to further fund the liquidator.

That 80 was part of the Cryptopia coffers. They cannot touch our coins its held in trust.

Regards of how many times GT tells people that they've reached out to all users, at the end of the day there are a number of users (myself included) who have never been contacted concerning our dust laiden accounts.

There is a group called Cryptopia Rescue on Twitter - https://twitter.com/CryptopiaRescue