Hi all.
I received a letter from an unknown address, from which I realized that:
1. Grant Thornton got screwed and leaked confidential data to the public
2. they waited for a long time and did nothing to refund the coins
3. Now another company will deal with the liquidation and return of coins.
At the same time, I don’t know at all how true the information from the letter is,
PLEASE TREAT ALL LINKS FROM THE TEXT OF THE LETTER WITH MAXIMUM CARE,
I PRESENT THE TEXT OF THE LETTER HERE ONLY FOR INFORMATIONAL PURPOSES AND ALSO WITH THE PURPOSE OF ASKING THE COMMUNITY'S OPINION WHAT THIS LETTER EVEN IS AND WHAT IS HAPPENING.
ATTENTION: LINKS FROM THE LETTER MAY BE PHISHING!!!
Do you think this letter is true and is it really another company that is now handling the liquidation procedure or did I misunderstand?
In any case, when you click on the link, they prompt you to enter information about the Cryptopia user.
(personally, I am not going to undergo identity verification with any of these ass-handed (I tried to translate the word “rukozhop” into English, it literally means “a bum with hands out of her ass”), but they will not give up trying to demand their “money” back in its native form, I believe that their refusal to return the coins to me will mean illegally withholding my money, even if it's the equivalent of a few dollars.)
text of the letter FROM
[email protected]CRYPTOPIA COMMUNICATION
Dear Cryptopia Account Holder.
As many of you will know the Cryptopia Exchange was placed into liquidation in May 2019.
We have obtained international legal advice on this and the legal position based on the advice we have is as follows.
1. Prior to the hack and closure of the exchange Cryptopia changed their terms of trade which clarified the relationship between Cryptopia and account holders. The effect of this was confirmed in the High Court ruling in New Zealand in 2020. That ruling states that Account Holders are beneficiaries and each coin type is a separate trust. Effectively making Cryptopia a Trustee.
2. The moment the shareholders of Cryptopia put the company into liquidation a few things changed regarding entitlement and especially in relation to your data. For many of you, you became secured and unsecured creditors. Unsecured for those that had coins stolen in the hack.
3. Under company law in New Zealand a liquidator will provide publically a list of all known creditors, their names, address and the amount they are owed. The liquidator has discretion to remove the names of private individuals but as you will see from the Grant Thornton first liquidators report he has not exercised that right.
4. The High Court order of 2020 was a very bad order for Grant Thornton as it required him to apply Trust Law as a priority over liquidation law. He has failed to do this.
After the judgement in 2020 Mr Cattermole requested a copy of 2 files from the High Court in New Zealand. The High Court staff worked through their internal process and delivered the files to My Cattermole. It is important to note that these files were requested and supplied legitimately. These files were then sent by him to a 3rd party contractor in Europe and from there have been passed on to other parties who are involved in assisting the process of settling Cryptopia accounts. This is normal business practice.
It is very important to note.
1.Grant Thornton did not secure the files when they supplied them to the High Court.
2. Grant Thornton did not request the court to ensure these files were secured by the court.
3. Grant Thornton posted the affidavit, which had the 2 files as referrenced attachments, on their public website.
4. By making their affidavit public, Grant Thornton removed any powers of the court under their rules to protect the files as they were now part of a publically available document, made public by the owner of the document.
Some people have been upset believing their privacy has been breached. The legal advice is that this is not as simple as this. A breach of privacy at its core usually would include your name. In addition to that a privacy breach would need to include enough information that someone could identify you.
So at the core of this is data which includes an email address and a value which the liquidator says is the value of your coins as at the date of his appointment.
After careful analysis by the 3rd parties it is their opinion that the values are fundamentally flawed for a variety of reasons, some as follows.
1. The amounts calculated by the liquidator are his assessment after stolen coins have been removed, and so for any account holder it is impossible to verify.
2. The amounts are based on his calculation of all your coins converted to bitcoin on the day, and then bitcoin converted to New Zealand dollars.
Legal advice is that because Grant Thornton was required and made your address public we were entitled to communicate with you regarding Cryptopia, there is no privacy breach.
As a result of the publicity and the email sent to account holders by Grant Thornton we have had to deal with a large number of requests for copy of any personal data that was released. The legal opinion is that upon people completing the verification process with Cogito, Cogito will provide copy of your data to you. The list of what the items are is as per the list in the liquidators 2nd affidavit on his website.
You may log in to the Cogito website to complete the process to request your data.
Please use this link to submit your new agreement :
principalityofcogito.com/cryptopiaform
Regards
Martin Braine LLB
In House Lawyer
Principality of Cogito
