In the last days it looked as if the btc withdraws were long delayed, so maybe they were running out of coins.
That means, they would maybe not have hold the amount they should hold.
Well after got hacked with 9-20% lost, they did the haircut, so the loss was already socialized.
Most coins were trade disabled, even after they "secured" the wallets.
There was no intention to give more than a few selected coins back,
but they enabled deposit of BTC until the very moment they closed.
Kind of scammy eh?
All users that held coins today will probably see nothing any more, or only a fraction, and that after maybe years.
So why did they file bancrupcy?
After spreading lies about their progress and disinformation about the hack, what shall we believe?
Isnt that extreme unfair to the users? What dead corpses are hidden under cryptopias carpets?
Yesterdays maintenance screen showed: DONT PANIC
Thats pure sarcasm, they even laugh about us stupid users loosing all funds...
Yes, Most probably there are no more bitcoins left and instead of saving a sinking ship they decided to let it sink. BTC suffers 14% haircut then what happens to others 86% bitcoins? Not everyone withdraw their coins in the hope that they will get back on track and resume normal operation.
But everyone is caught off guard and now its all in the hands of the liquidators. All cryptopia founders already have a secure future with their customers money. And they are already off the hook and free to do anything even launch a new exchange if they want to.