Cryptopia is gone? - page 4. | Bitcointalksearch.org

Sasha Grey

member

Activity: 672

Merit: 10

Quote from: puremage111 on May 15, 2019, 01:34:28 PM

Cryptopia is gone?

I don't get what they mean
They liquidated so they are saying that
the exchange shut down
I cannot withdraw anything from their wallet anymore?

Of course it's sad, I still have a few tokens and coins there, and now they close their service, I hope they will be normal again soon, and of course this makes the crypto reputation bad.

Cnut237

legendary

Activity: 1904

Merit: 1277

I think we'll get a chance to withdraw coins. It's not a scam exchange. But as others have said this is likely to take quite some time for them to resolve everything and open up withdrawals again. Just another reminder not to keep large volumes of coins on any exchanges.

sanida

member

Activity: 210

Merit: 15

That was a big loss, I have traded some coins on crytopia before and they have a little amount of transaction fee compare to other exchanges and they have a friendly user website too. That was last year when I sold my Airdrops coins there. I wasn't expected it to happen that it will be gone this year that's really a bad news.

Ridho_ost

member

Activity: 616

Merit: 10

Quote from: erikalui on May 16, 2019, 02:40:06 AM

Quote from: tomahawk9 on May 15, 2019, 04:58:35 PM

Quote from: erikalui on May 15, 2019, 03:46:46 PM

I just read it and WTH. They won't allow users to withdraw their altcoins which haven't been hacked? How can they just shut down. I have funds worth 0.03 BTC or even more on the exchange.

The Press release on their website says this:

"The liquidators are also working with independent experts and the relevant authorities with regards to the company’s obligations."

By "company's obligations" they probably meant paying off whatever amount in crypto a customer had on the exchange before shutting down (as well as settle the outstanding claims made by creditors, employees, shareholders, etc). The whole process could take months, even more, so you might want to sit tight and wait for a long time for the whole thing to resolve to see if you can get your coins back.

They can't just shut down as the balance many users had in their accounts were not hacked and forget about paying the hacked funds to customers, they did not even give us our own money. Unlike Binance that paid users even though they got hacked and that too in a week.

I saw news of David Ruscoe and Russell Moore, stating that it would take months, not weeks. Clients of trading will be reached in two or three days, as indicated by Ruscoe.

in my opinion they are not disappearing. only in repairs that take a long time

erikalui

legendary

Activity: 2632

Merit: 1094

Quote from: tomahawk9 on May 15, 2019, 04:58:35 PM

Quote from: erikalui on May 15, 2019, 03:46:46 PM

I just read it and WTH. They won't allow users to withdraw their altcoins which haven't been hacked? How can they just shut down. I have funds worth 0.03 BTC or even more on the exchange.

The Press release on their website says this:

"The liquidators are also working with independent experts and the relevant authorities with regards to the company’s obligations."

By "company's obligations" they probably meant paying off whatever amount in crypto a customer had on the exchange before shutting down (as well as settle the outstanding claims made by creditors, employees, shareholders, etc). The whole process could take months, even more, so you might want to sit tight and wait for a long time for the whole thing to resolve to see if you can get your coins back.

They can't just shut down as the balance many users had in their accounts were not hacked and forget about paying the hacked funds to customers, they did not even give us our own money. Unlike Binance that paid users even though they got hacked and that too in a week.

mandor

sr. member

Activity: 1638

Merit: 260

Trphy.io

I was very sad to hear the news about cryptopia because I past used to trade there a lot and now went to experience bankrupt. actually it is an example for other exchanges to have strong security from hackers. now I see many new exchanges and hopefully not having the same fate as cryptopia. Roll Eyes

xenomorphe1

full member

Activity: 798

Merit: 103

It seems so. I hope we are going to be able to withdraw our funds. Hopefully i didn't have a lot of coins there. That's a very sad news.

honolulu888

newbie

Activity: 30

Merit: 0

Its really bad . Its been for several month and cryptopia can not recover the loses thebn call a liquidator. A lot of crypto trader and investor will lost their money because cryptopia security breach scandal

entebah

full member

Activity: 1489

Merit: 150

Quote from: mrdeposit on May 15, 2019, 07:57:56 PM

In my opinion, Cryptopia will let the customers and investors withdraw their holdings from the exchange. If they are bankrupt and fille the bankruptcy declaration then we need to act as quick as possible. Investors will not let their money to get seized by some group of criminals.

Yes, I think so too, that Cryptopia has been financially bankrupt, so their exchange market has been stopped for reasons of re-investigation, but I think that is the step of Cryptopia to retreat slowly.

mrdeposit

hero member

Activity: 1358

Merit: 509

In my opinion, Cryptopia will let the customers and investors withdraw their holdings from the exchange. If they are bankrupt and fille the bankruptcy declaration then we need to act as quick as possible. Investors will not let their money to get seized by some group of criminals.

Psynthax

hero member

Activity: 2296

Merit: 504

Quote from: jhongzjhong on May 15, 2019, 07:04:20 PM

As of now, they are freezing all funds on their wallet that's why deposit and withdraw is unable to do. I don't think if this exchange will recover their loss since people now are afraid of them to store money. Just like they are not trustworthy exchange that you need to be careful into them. However, for me, there's a lot of reputed exchange out there rather than cryptopia.

A shitty exchange site will turn into the scam exchange site then. I won't put a lot of hopes. I still have some amount that left on the cryptopia and i just consider my amount has gone. Why doesn't this crappy exchange site make its withdrawal available for at least a week to give a chance for the token holders that still have an amount in there to withdraw their money?
Cryptopia is a crap one same as any other crappy exchange site especially yobit

jhongzjhong

full member

Activity: 798

Merit: 109

https://bmy.guide

As of now, they are freezing all funds on their wallet that's why deposit and withdraw is unable to do. I don't think if this exchange will recover their loss since people now are afraid of them to store money. Just like they are not trustworthy exchange that you need to be careful into them. However, for me, there's a lot of reputed exchange out there rather than cryptopia.

Stargazer

sr. member

Activity: 641

Merit: 253

▰▰▰ Global Cryptocurrency Paymen

I think they will fix all the problems and will be back live! I have some funds there and I can see them. That's mean our funds are stuck there! I asked through email that can we withdraw our funds or they are just numbers! I got no answer! Personally, I did not like Cryptopia exchange for many reasons, but still, I have some funds there! It's mean we need trusted exchange, like or dislike doesn't matter here! I hope Cryptopia will be back very soon like the Binance!

samcrypto

sr. member

Activity: 2002

Merit: 314

Vave.com - Crypto Casino

Quote from: zgrdyg on May 15, 2019, 03:00:50 PM

At least i withdraw my %85 of btc after hack. I have some other coins seems didn't affect on a hack, i hope they let me withdraw them either.

It is a dark day for the crypto community.

Its a dark day for the users of cryptopia, especially those who are unable to get back their losses. Cryptopia was able to get active again after the hack but suddenly becomes inactive again, they must let the users to get the money its their fault and they should shoulder everything. Always don’t put big money on a wallet which you can’t control for your safety.

Japinat

hero member

Activity: 2912

Merit: 674

They are likely going to shut down, as no one would trust them anymore.
Your best option now is just to wait until you can withdraw your coin/s, for sure you are not the only one who the kind of problem.

malcovi2

member

Activity: 1355

Merit: 67

Quote from: target on May 15, 2019, 01:45:25 PM

It wouldn't be fair if they just close without giving their users the time to withdraw their funds.

But you forgot the rule in crypto. Its not your money if you dont hold the private key. Its their money because they have the private key, they control the funds.

XbladedThanos

jr. member

Activity: 347

Merit: 1

Fun of WINBIX sales system winbix.io

Lets hope this security problem doesnt get to affect newer exchanges so we get to make convincing trade without any fear for now is best we just hold and see if they unfrozen the funds which they might likely do since they didnt announce anything like closing

go4crypto

sr. member

Activity: 798

Merit: 263

Ever since cryptopia reopened after the hack, most of its coin wallets and withdrawls were suspended so it was not giving a good vibe. This announcement seals its fate. Just hoping that it will reopen again some day and will allow customers to withdraw their coins before closing for good.

CaVO32

full member

Activity: 1848

Merit: 158

this press release says it all

if they are in the liquidation mode, they will be shutting down soon. i guess. i hope all those small time users can get their coins out as well. good luck!

tomahawk9

hero member

Activity: 2086

Merit: 994

Cats on Mars

Quote from: erikalui on May 15, 2019, 03:46:46 PM

I just read it and WTH. They won't allow users to withdraw their altcoins which haven't been hacked? How can they just shut down. I have funds worth 0.03 BTC or even more on the exchange.

The Press release on their website says this:

"The liquidators are also working with independent experts and the relevant authorities with regards to the company’s obligations."

By "company's obligations" they probably meant paying off whatever amount in crypto a customer had on the exchange before shutting down (as well as settle the outstanding claims made by creditors, employees, shareholders, etc). The whole process could take months, even more, so you might want to sit tight and wait for a long time for the whole thing to resolve to see if you can get your coins back.

Topic: Cryptopia is gone? - page 4. (Read 10799 times)