Calling the authorities probably means a lot of coins are gone. If they had only lost a little, they wouldn't have done that. They might even have hidden the breach and run as a ponzi until what was stolen was gained back, hoping there would be no bank run in the meantime.
Now, my guess would be that only a few coins were affected, the big ones, BTC, ETH, those are probably mostly gone, while many altcoins are probably unaffected.
Topic: Cryptopia Cryptocurrency Platform Services and Development - page 96. (Read 173234 times)
And can anyone explain why police seal access to a building for a FULL MONTH in a robbery case.
Code:
While the NZ Police can state that they have handed our building back to us and that they are placing no constraints on the company resuming trading, there are a number of things that the company must consider first before any trading could recommence.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
Members of the NCSC flew from Wellington first thing the next morning at were in the Cryptopia office conducting interviews and gathering evidence by 08:30am NZST. The NZ Police High Tech Crimes Group, also from Wellington were in the Cryptopia office from noon on the same day and issued search and seizure warrants effectively taking control of the building and all of the systems.
In cooperation with NZ Police and NCSC they identified key specialist staff who were tasked with working with the investigators to clone systems to preserve forensic evidence for investigation.
This took 3.5 weeks to complete and our specialist staff have now turned to carrying the work that is necessary to ensure that assets are retained in a secure environment.
While the Police statement that they are no longer constraining our return to operations and trading, it would be extremely reckless for us to do this until we can fully identify the losses and ensure that the balance is absolutely secure. NZ legislation makes it a serious crime for a company or a director of a company to allow that company to trade recklessly thereby placing creditors assets and property at further risk. That work is now underway.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
Members of the NCSC flew from Wellington first thing the next morning at were in the Cryptopia office conducting interviews and gathering evidence by 08:30am NZST. The NZ Police High Tech Crimes Group, also from Wellington were in the Cryptopia office from noon on the same day and issued search and seizure warrants effectively taking control of the building and all of the systems.
In cooperation with NZ Police and NCSC they identified key specialist staff who were tasked with working with the investigators to clone systems to preserve forensic evidence for investigation.
This took 3.5 weeks to complete and our specialist staff have now turned to carrying the work that is necessary to ensure that assets are retained in a secure environment.
While the Police statement that they are no longer constraining our return to operations and trading, it would be extremely reckless for us to do this until we can fully identify the losses and ensure that the balance is absolutely secure. NZ legislation makes it a serious crime for a company or a director of a company to allow that company to trade recklessly thereby placing creditors assets and property at further risk. That work is now underway.
Source: Cryptopia discord
How can we access cryptopia discord?
And how can be sure that there is really in fact cryptopia discord (not any others impersonating the cryptopia discord )??
And how can be sure cryptopia has control over this discord :|
Topia fwords itself, not us.
Wanna sue me becase I say topia is a shitty company? Such a weak company that tries to save brand value with paid puppets. I am so scared.
How much topia pays to you?
Wanna sue me becase I say topia is a shitty company? Such a weak company that tries to save brand value with paid puppets. I am so scared.
How much topia pays to you?
You push a narrative that the Cryptopia management is not involved whereas the Police specifically stated in their update here
No, my friend. It's the agenda you are pushing: your coleague here said what he said and the statement on Discord said what it said. Carefully avoiding to implicate anyone who might get asked to compensate the investors.You aren't even remotely subtle in pushing your version of the events to suit your agenda. Disgusting
No, I do not intend to be subtle. I'm actually blunt: we want our funds back. It was your responsibility to safeguard them and you have failed. You must pay what you owe us. Don't think hiding behind the police might allow you to get away with not paying.Is that disgusting? Well, you must descend from the clouds and get reaquinted with the harsh world of you owing us money.
Confirmed FUD, wouldn't be surprised if there is an active campaign to discredit Cryptopia in here. Ignored.
You guys bury yourselves, no need do a crusade.
You push a narrative that the Cryptopia management is not involved whereas the Police specifically stated in their update here
No, my friend. It's the agenda you are pushing: your coleague here said what he said and the statement on Discord said what it said. Carefully avoiding to implicate anyone who might get asked to compensate the investors.You aren't even remotely subtle in pushing your version of the events to suit your agenda. Disgusting
No, I do not intend to be subtle. I'm actually blunt: we want our funds back. It was your responsibility to safeguard them and you have failed. You must pay what you owe us. Don't think hiding behind the police might allow you to get away with not paying.Is that disgusting? Well, you must descend from the clouds and get reaquinted with the harsh world of you owing us money.
Confirmed FUD, wouldn't be surprised if there is an active campaign to discredit Cryptopia in here. Ignored.
You push a narrative that the Cryptopia management is not involved whereas the Police specifically stated in their update here
No, my friend. It's the agenda you are pushing: your coleague here said what he said and the statement on Discord said what it said. Carefully avoiding to implicate anyone who might get asked to compensate the investors.You aren't even remotely subtle in pushing your version of the events to suit your agenda. Disgusting
No, I do not intend to be subtle. I'm actually blunt: we want our funds back. It was your responsibility to safeguard them and you have failed. You must pay what you owe us. Don't think hiding behind the police might allow you to get away with not paying.Is that disgusting? Well, you must descend from the clouds and get reaquinted with the harsh world of you owing us money.
Source: Cryptopia discord
Why are official updates being posted on a third party chat website, yet https://www.cryptopia.co.nz/ - the primary place you would expect official information to be located - remains unchanged?
They bothered to post "updates" in their small discord group but don't even update their official twitter https://twitter.com/Cryptopia_NZ which has 243k followers. What a joke. I guess the update wasn't official enough to be on their site nor their twitter.
Cryptopia is a Limited liability company. (LLC) It has no "owners". It has shareholders and a director.
The shareholders don't run the company or have any say in the management of the company.
If you buy shares in Microsoft can you speak on their behalf ?
Actually a LLC is a type of company designed to bring to partnerships the advantages of corporations. But usually in LLCs the founders are very much involved, like in a partnership. But even considering this stupid example Bill Gates, one of the founders, ran the company for like 20 years.The shareholders don't run the company or have any say in the management of the company.
If you buy shares in Microsoft can you speak on their behalf ?
So are we to believe the guys who "put all their life savings" into this exchange don't know nothing and are not calling the shots? That's laughable. It's the reason the police was involved, to protect the guys calling the shots from liability. Of course at the expense of the traders. CZ from Binance is very much involved in day-to-day and very active in social media. Binance is huge compared to Cryptopia. Busoni from Poloniex vas very much involved in day-to-day until he sold the exchange. And Poloniex is pretty big compared to Cryptopia. Arthur Hayes from Bitmex is very much involved and active in SM. And Bitmex is in a league of it's own.
Its public information you could have found if you bothered to look, don't worry though I did it for you.
https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/5392901?backurl=%2Fcompanies%2Fapp%2Fui%2Fpages%2Fcompanies%2Fsearch%3Fmode%3Dstandard%26type%3Dentities%26q%3DCryptopia
Laughable, I say. What is the official contact email for the company? You know, the email where authorities contact a company or where third parties direct their official notices, like "we'll sue your asses if you don't fork over our coins that you hold"? Well, this page says it's [email protected]. Now, who's nickname from Cryptopia was something with hex? I bet it's not Digger.https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/5392901?backurl=%2Fcompanies%2Fapp%2Fui%2Fpages%2Fcompanies%2Fsearch%3Fmode%3Dstandard%26type%3Dentities%26q%3DCryptopia
Meanwhile, the "anon" mod is family. Is that you hex trolling your investors?
I know Rob is Hexx {1}, but am unsure if Adam is Saddam or ?? - anyone?
So I suppose this A fellow signing the tweet where he promised they'll resume soon is Adam? Promised while he knew there was a breach?Latest discord update from Cryptopia Managing Director
So you see, the police was called by some staff that identified the event. Not by the exchange bosses. The bosses are not involved at all. Cos that's how a business operates, low level employees don't go to the people in charge to ask "hey, boss, we fucked up monumentally, what do we do??" No, at this company is the regular staff who are calling in the high tech crimes unit and the financial authority. A. kept responding on twitter they'll reopen trading soon, but unfortunately some intern tasked with maintaining the network cables and the mouse pads called the police.Quote
While the NZ Police can state that they have handed our building back to us and that they are placing no constraints on the company resuming trading, there are a number of things that the company must consider first before any trading could recommence.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
You push a narrative that the Cryptopia management is not involved whereas the Police specifically stated in their update here
http://www.police.govt.nz/news/release/police-continue-make-progress-cryptocurrency-investigation
Quote
"Excellent progress is being made in the investigation and we are working with Cryptopia management plus current and former employees who have been providing valuable assistance."
As well as the previous update from the Police before that here
https://www.police.govt.nz/news/release/update-investigation-involving-cryptocurrency-company
Quote
"We would also like to make clear that Cryptopia are cooperating fully with the investigation team and a media report that police ‘stormed’ the building today is entirely incorrect."
You aren't even remotely subtle in pushing your version of the events to suit your agenda. Disgusting
Cryptopia is a Limited liability company. (LLC) It has no "owners". It has shareholders and a director.
The shareholders don't run the company or have any say in the management of the company.
If you buy shares in Microsoft can you speak on their behalf ?
Actually a LLC is a type of company designed to bring to partnerships the advantages of corporations. But usually in LLCs the founders are very much involved, like in a partnership. But even considering this stupid example Bill Gates, one of the founders, ran the company for like 20 years.The shareholders don't run the company or have any say in the management of the company.
If you buy shares in Microsoft can you speak on their behalf ?
So are we to believe the guys who "put all their life savings" into this exchange don't know nothing and are not calling the shots? That's laughable. It's the reason the police was involved, to protect the guys calling the shots from liability. Of course at the expense of the traders. CZ from Binance is very much involved in day-to-day and very active in social media. Binance is huge compared to Cryptopia. Busoni from Poloniex vas very much involved in day-to-day until he sold the exchange. And Poloniex is pretty big compared to Cryptopia. Arthur Hayes from Bitmex is very much involved and active in SM. And Bitmex is in a league of it's own.
Its public information you could have found if you bothered to look, don't worry though I did it for you.
https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/5392901?backurl=%2Fcompanies%2Fapp%2Fui%2Fpages%2Fcompanies%2Fsearch%3Fmode%3Dstandard%26type%3Dentities%26q%3DCryptopia
Laughable, I say. What is the official contact email for the company? You know, the email where authorities contact a company or where third parties direct their official notices, like "we'll sue your asses if you don't fork over our coins that you hold"? Well, this page says it's [email protected]. Now, who's nickname from Cryptopia was something with hex? I bet it's not Digger.https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/5392901?backurl=%2Fcompanies%2Fapp%2Fui%2Fpages%2Fcompanies%2Fsearch%3Fmode%3Dstandard%26type%3Dentities%26q%3DCryptopia
Meanwhile, the "anon" mod is family. Is that you hex trolling your investors?
https://i.imgur.com/SieZqaJ.png
I know Rob is Hexx {1}, but am unsure if Adam is Saddam or ?? - anyone?
So I suppose this A fellow signing the tweet where he promised they'll resume soon is Adam? Promised while he knew there was a breach?Latest discord update from Cryptopia Managing Director
So you see, the police was called by some staff that identified the event. Not by the exchange bosses. The bosses are not involved at all. Cos that's how a business operates, low level employees don't go to the people in charge to ask "hey, boss, we fucked up monumentally, what do we do??" No, at this company is the regular staff who are calling in the high tech crimes unit and the financial authority. A. kept responding on twitter they'll reopen trading soon, but unfortunately some intern tasked with maintaining the network cables and the mouse pads called the police. Quote
While the NZ Police can state that they have handed our building back to us and that they are placing no constraints on the company resuming trading, there are a number of things that the company must consider first before any trading could recommence.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
Source: Cryptopia discord
Why are official updates being posted on a third party chat website, yet https://www.cryptopia.co.nz/ - the primary place you would expect official information to be located - remains unchanged?
This was posted on 01/20/2019
Digger is the Managing Director of Cryptopia and posted on 01/27/2019
- https://i.imgur.com/9ziEVfz.png
So you say there is no communication, simply because you refuse to join the Cryptopia discord where all this was posted... Kinda your fault really
Quote
"The co-founders, shareholders, executive and the entire Cryptopia Team appreciate the support that is being demonstrated here.
We cannot even consider re-opening the exchange while the investigation is in progress.
To even consider doing so would be totally irresponsible of us as it could likely make the way clear for further attacks and even more damage.
Please have patience and faith. We will continue to update everyone as and when we can. Take no notice of the armchair experts."
We cannot even consider re-opening the exchange while the investigation is in progress.
To even consider doing so would be totally irresponsible of us as it could likely make the way clear for further attacks and even more damage.
Please have patience and faith. We will continue to update everyone as and when we can. Take no notice of the armchair experts."
Digger is the Managing Director of Cryptopia and posted on 01/27/2019
Quote
"For those who are querying the NZ Police e-mails referred to, they are legitimate and are copied to me by NZ Police. We will respond when we have substantive facts to report when the investigators give us approval. Until then we are tied as the authorities do not want us to make any statements that might by accident exacerbate the situation and cause more damage."
- https://i.imgur.com/9ziEVfz.png
So you say there is no communication, simply because you refuse to join the Cryptopia discord where all this was posted... Kinda your fault really
Of course Digger is the Managing Director, he fits all the criteria:
1) Uses a nickname to post official updates
2) Digger sounds very masculine and believable
3) Doesn't update news often because he is busy with stuffs you know. Like managing director stuffs.
Quote from: bisti
I can only say that everything is clear with this manager putting official announcement ON DISCORD with a lot of explaining
Let's make a group law sue
Nothing is clear, especially what will the court decide.
Compare the court decisions in MtGox (Japan), and Cryptsy (Belize, USA) as the most characteristic and different cases. At MtGox case the court decided very good, clients will get the most of the found, recovered Bitcoins, and in Cryptsy case the court decided to sell very big majority of the coins (smaller altcoins) to the only 3 persons for few thousands USD only to each of that buyers, as I have read.
Is that risk acceptable to you?
How much percent of your invested money do you plan to get in the case similar to the second one? Did you calculate that?
I did not understand very well the "second method" but I at least want not to lose the not-steal coins (BTC)
the problem of months of delays, I've seen it happen with bitgrail, is that in the meanwhile users will lose patience and will organize, file lawsuits, and we'll se no money anymore. I prefer getting a % NOW instead of waiting for a % in years. crypto could not exist anymore in 5 years (or, yes be a fortune) but in the case btc will worth, let's say 100k$, you usually get today's value. It's a lose-lose solution.
And can anyone explain why police seal access to a building for a FULL MONTH in a robbery case.
Code:
While the NZ Police can state that they have handed our building back to us and that they are placing no constraints on the company resuming trading, there are a number of things that the company must consider first before any trading could recommence.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
Members of the NCSC flew from Wellington first thing the next morning at were in the Cryptopia office conducting interviews and gathering evidence by 08:30am NZST. The NZ Police High Tech Crimes Group, also from Wellington were in the Cryptopia office from noon on the same day and issued search and seizure warrants effectively taking control of the building and all of the systems.
In cooperation with NZ Police and NCSC they identified key specialist staff who were tasked with working with the investigators to clone systems to preserve forensic evidence for investigation.
This took 3.5 weeks to complete and our specialist staff have now turned to carrying the work that is necessary to ensure that assets are retained in a secure environment.
While the Police statement that they are no longer constraining our return to operations and trading, it would be extremely reckless for us to do this until we can fully identify the losses and ensure that the balance is absolutely secure. NZ legislation makes it a serious crime for a company or a director of a company to allow that company to trade recklessly thereby placing creditors assets and property at further risk. That work is now underway.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
Members of the NCSC flew from Wellington first thing the next morning at were in the Cryptopia office conducting interviews and gathering evidence by 08:30am NZST. The NZ Police High Tech Crimes Group, also from Wellington were in the Cryptopia office from noon on the same day and issued search and seizure warrants effectively taking control of the building and all of the systems.
In cooperation with NZ Police and NCSC they identified key specialist staff who were tasked with working with the investigators to clone systems to preserve forensic evidence for investigation.
This took 3.5 weeks to complete and our specialist staff have now turned to carrying the work that is necessary to ensure that assets are retained in a secure environment.
While the Police statement that they are no longer constraining our return to operations and trading, it would be extremely reckless for us to do this until we can fully identify the losses and ensure that the balance is absolutely secure. NZ legislation makes it a serious crime for a company or a director of a company to allow that company to trade recklessly thereby placing creditors assets and property at further risk. That work is now underway.
Source: Cryptopia discord
http://www.legislation.govt.nz/act/public/2012/0024/latest/DLM2136633.html
Quote
Issuing officer may issue search warrant
An issuing officer may issue a search warrant, in relation to a place, vehicle, or other thing, on application by a constable if the issuing officer is satisfied that there are reasonable grounds—
(a)
to suspect that an offence specified in the application and punishable by imprisonment has been committed, or is being committed, or will be committed; and
(b)
to believe that the search will find evidential material in respect of the offence in or on the place, vehicle, or other thing specified in the application.
An issuing officer may issue a search warrant, in relation to a place, vehicle, or other thing, on application by a constable if the issuing officer is satisfied that there are reasonable grounds—
(a)
to suspect that an offence specified in the application and punishable by imprisonment has been committed, or is being committed, or will be committed; and
(b)
to believe that the search will find evidential material in respect of the offence in or on the place, vehicle, or other thing specified in the application.
Quote
Duty of persons with knowledge of computer system or other data storage devices or Internet site to assist access
(1)
A person exercising a search power in respect of any data held in a computer system or other data storage device may require a specified person to provide access information and other information or assistance that is reasonable and necessary to allow the person exercising the search power to access that data.
(2)
A specified person may not be required under subsection (1) to give any information tending to incriminate the person.
(3)
Subsection (2) does not prevent a person exercising a search power from requiring a specified person to provide information or providing assistance that is reasonable and necessary to allow the person exercising the search power to access data held in, or accessible from, a computer system or other data storage device that contains or may contain information tending to incriminate the specified person.
(4)
Subsections (2) and (3) are subject to subpart 5 of this Part (which relates to privilege and confidentiality).
(5)
In this section,—
specified person means—
(a)
a user of a computer system or other data storage device or an Internet site who has relevant knowledge of that system, device, or site; or
(b)
a person who provides an Internet service or maintains an Internet site and who holds access information
user, in relation to a computer system or other data storage device or an Internet site, means a person who—
(a)
owns, leases, possesses, or controls the system, device, or site; or
(b)
is entitled, by reason of an account or other arrangement, to access data on an Internet site; or
(c)
is an employee of a person described in paragraph (a) or (b).
(1)
A person exercising a search power in respect of any data held in a computer system or other data storage device may require a specified person to provide access information and other information or assistance that is reasonable and necessary to allow the person exercising the search power to access that data.
(2)
A specified person may not be required under subsection (1) to give any information tending to incriminate the person.
(3)
Subsection (2) does not prevent a person exercising a search power from requiring a specified person to provide information or providing assistance that is reasonable and necessary to allow the person exercising the search power to access data held in, or accessible from, a computer system or other data storage device that contains or may contain information tending to incriminate the specified person.
(4)
Subsections (2) and (3) are subject to subpart 5 of this Part (which relates to privilege and confidentiality).
(5)
In this section,—
specified person means—
(a)
a user of a computer system or other data storage device or an Internet site who has relevant knowledge of that system, device, or site; or
(b)
a person who provides an Internet service or maintains an Internet site and who holds access information
user, in relation to a computer system or other data storage device or an Internet site, means a person who—
(a)
owns, leases, possesses, or controls the system, device, or site; or
(b)
is entitled, by reason of an account or other arrangement, to access data on an Internet site; or
(c)
is an employee of a person described in paragraph (a) or (b).
So then he is "family" to the fiduciary?
Depends on your definition of family, I consider all the mods etc to be family. I think its also hilarious people expecting civilised responses given the responses we received in posting here. Bit hypocritical
"Be nice to us, you [Insert every swear word and insult we've been called so far]"
Hilarious
hey prick..
at best your family are incompetent
at worst your family are scammers
and of course your family are hypocrites for building cryptopia fortune on shitcoins, and BenTheAnonMod never visited shitcoin area and shit ICO area here.
I'll leave this here because it sums things up pretty well
I like his nickname for FUDtalk better to be honest
I like his nickname for FUDtalk better to be honest
lurked occasionally in the past for anything regarding Cryptopia and posted maybe once on another account
yeah..eat your words you hypocritical pricks
Quote from: bisti
I can only say that everything is clear with this manager putting official announcement ON DISCORD with a lot of explaining
Let's make a group law sue
Nothing is clear, especially what will the court decide.
Compare the court decisions in MtGox (Japan), and Cryptsy (Belize, USA) as the most characteristic and different cases. At MtGox case the court decided very good, clients will get the most of the found, recovered Bitcoins, and in Cryptsy case the court decided to sell very big majority of the coins (smaller altcoins) to the only 3 persons for few thousands USD only to each of that buyers, as I have read.
Is that risk acceptable to you?
How much percent of your invested money do you plan to get in the case similar to the second one? Did you calculate that?
Actually - the MtGox funds would already have been distributed if it wasn't for the CoinLab lawsuit holding it up.
https://cointelegraph.com/news/unconfirmed-coinlab-increases-mt-gox-claim-from-75-million-to-16-billion
So basically that update says they've been copying hard drives for a month and did nothing else. Makes you wonder why involve the police in the first place.
Look what I wrote on January 16th:
Now, going back to that timeline thing, in this latest update it says they noticed something funny on January 14th. That's Monday. Help me with something: in the weekend prior, that is between 11th and 13th, I noticed (empirically) a drop in trade volume. Did anyone else noticed that?
And also:
https://twitter.com/Cryptopia_NZ/status/1084705458533785601
I'm definitely not 24h away from NZ and this tweet appears for me on January 13th. I don't get this:
Look what I wrote on January 16th:
If the law enforcement is involved, this will not have a speedy resolution. They'll "arrest the hard drive" and things will drag, maybe there'll be people prosecuted, a trial and so on.
I'm confused about the timeline. This A person posting on their twitter, presumably the owner himself, kept reassuring users (by directly replying to their tweets) they are hard at work and it won't be long now, when they seem to have known at that time there was a security incident.
Involving the police seems, to me, as a move on their part to limit personal liability. This lack of information as well: when lawyers advise you to STFU, usually means it's in your personal interest.
Scene examination... hm... they're going to dust the USB cable for prints or what? Check for a shoeprint of the hacker eloping with the crypto in the duffel bag?
Recovering funds is just one of the priorities. Not the biggest, apparently. Which are the other priorities?
I'm confused about the timeline. This A person posting on their twitter, presumably the owner himself, kept reassuring users (by directly replying to their tweets) they are hard at work and it won't be long now, when they seem to have known at that time there was a security incident.
Involving the police seems, to me, as a move on their part to limit personal liability. This lack of information as well: when lawyers advise you to STFU, usually means it's in your personal interest.
Scene examination... hm... they're going to dust the USB cable for prints or what? Check for a shoeprint of the hacker eloping with the crypto in the duffel bag?
Recovering funds is just one of the priorities. Not the biggest, apparently. Which are the other priorities?
Now, going back to that timeline thing, in this latest update it says they noticed something funny on January 14th. That's Monday. Help me with something: in the weekend prior, that is between 11th and 13th, I noticed (empirically) a drop in trade volume. Did anyone else noticed that?
And also:
https://twitter.com/Cryptopia_NZ/status/1084705458533785601
I'm definitely not 24h away from NZ and this tweet appears for me on January 13th. I don't get this:
Quote
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform
LOFL writing to the green party to get any help on a crypto hack the irony my sides have split from neck to nuts.
Quote from: bisti
I can only say that everything is clear with this manager putting official announcement ON DISCORD with a lot of explaining
Let's make a group law sue
Nothing is clear, especially what will the court decide.
Compare the court decisions in MtGox (Japan), and Cryptsy (Belize, USA) as the most characteristic and different cases. At MtGox case the court decided very good, clients will get the most of the found, recovered Bitcoins, and in Cryptsy case the court decided to sell very big majority of the coins (smaller altcoins) to the only 3 persons for few thousands USD only to each of that buyers, as I have read.
Is that risk acceptable to you?
How much percent of your invested money do you plan to get in the case similar to the second one? Did you calculate that?
Latest discord update from Cryptopia Managing Director
I can only say that everything is clear with this manager putting official announcement ON DISCORD with a lot of explainingQuote
While the NZ Police can state that they have handed our building back to us and that they are placing no constraints on the company resuming trading, there are a number of things that the company must consider first before any trading could recommence.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
Members of the NCSC flew from Wellington first thing the next morning at were in the Cryptopia office conducting interviews and gathering evidence by 08:30am NZST. The NZ Police High Tech Crimes Group, also from Wellington were in the Cryptopia office from noon on the same day and issued search and seizure warrants effectively taking control of the building and all of the systems.
In cooperation with NZ Police and NCSC they identified key specialist staff who were tasked with working with the investigators to clone systems to preserve forensic evidence for investigation.
This took 3.5 weeks to complete and our specialist staff have now turned to carrying the work that is necessary to ensure that assets are retained in a secure environment.
While the Police statement that they are no longer constraining our return to operations and trading, it would be extremely reckless for us to do this until we can fully identify the losses and ensure that the balance is absolutely secure. NZ legislation makes it a serious crime for a company or a director of a company to allow that company to trade recklessly thereby placing creditors assets and property at further risk. That work is now underway.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
Members of the NCSC flew from Wellington first thing the next morning at were in the Cryptopia office conducting interviews and gathering evidence by 08:30am NZST. The NZ Police High Tech Crimes Group, also from Wellington were in the Cryptopia office from noon on the same day and issued search and seizure warrants effectively taking control of the building and all of the systems.
In cooperation with NZ Police and NCSC they identified key specialist staff who were tasked with working with the investigators to clone systems to preserve forensic evidence for investigation.
This took 3.5 weeks to complete and our specialist staff have now turned to carrying the work that is necessary to ensure that assets are retained in a secure environment.
While the Police statement that they are no longer constraining our return to operations and trading, it would be extremely reckless for us to do this until we can fully identify the losses and ensure that the balance is absolutely secure. NZ legislation makes it a serious crime for a company or a director of a company to allow that company to trade recklessly thereby placing creditors assets and property at further risk. That work is now underway.
Let's make a group law sue
Latest discord update from Cryptopia Managing Director
when this news updated Quote
While the NZ Police can state that they have handed our building back to us and that they are placing no constraints on the company resuming trading, there are a number of things that the company must consider first before any trading could recommence.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
Members of the NCSC flew from Wellington first thing the next morning at were in the Cryptopia office conducting interviews and gathering evidence by 08:30am NZST. The NZ Police High Tech Crimes Group, also from Wellington were in the Cryptopia office from noon on the same day and issued search and seizure warrants effectively taking control of the building and all of the systems.
In cooperation with NZ Police and NCSC they identified key specialist staff who were tasked with working with the investigators to clone systems to preserve forensic evidence for investigation.
This took 3.5 weeks to complete and our specialist staff have now turned to carrying the work that is necessary to ensure that assets are retained in a secure environment.
While the Police statement that they are no longer constraining our return to operations and trading, it would be extremely reckless for us to do this until we can fully identify the losses and ensure that the balance is absolutely secure. NZ legislation makes it a serious crime for a company or a director of a company to allow that company to trade recklessly thereby placing creditors assets and property at further risk. That work is now underway.
It is important to consider the timeline of this event: Firstly, the crime/hack/breach was identified on the evening of 14 January 2019. The company staff that identified the event immediately froze the exchange and locked down the platform; they then notified the NZ government authorities, first the NZ Police High Tech Crime Group and second, the National Cyber Security Centre (NCSC, a division of the Govt Communications Security Bureau or GCSB), third, the NZ Financial Management Authority.
Members of the NCSC flew from Wellington first thing the next morning at were in the Cryptopia office conducting interviews and gathering evidence by 08:30am NZST. The NZ Police High Tech Crimes Group, also from Wellington were in the Cryptopia office from noon on the same day and issued search and seizure warrants effectively taking control of the building and all of the systems.
In cooperation with NZ Police and NCSC they identified key specialist staff who were tasked with working with the investigators to clone systems to preserve forensic evidence for investigation.
This took 3.5 weeks to complete and our specialist staff have now turned to carrying the work that is necessary to ensure that assets are retained in a secure environment.
While the Police statement that they are no longer constraining our return to operations and trading, it would be extremely reckless for us to do this until we can fully identify the losses and ensure that the balance is absolutely secure. NZ legislation makes it a serious crime for a company or a director of a company to allow that company to trade recklessly thereby placing creditors assets and property at further risk. That work is now underway.
Jump to: