...interesting news...
Cryptopia's Hacker Steals Millions
Earlier in January, Cryptopia was breached due to a security flaw which exposed thousands of Cryptopia users. Seemingly, the wallets primarily affected have been Ethereum based wallets and some tokens. We're not aware if the breach has only had an effect on Ethereum wallets, or other cryptocurrency wallets (such as Bitcoin and Dogecoin). Cryptopia had lost upwards of $20 million dollars from its original breach and consecutive ones in total!
It's been speculated that Cryptopia may have lost their private Ethereum keys, while others claim it could be an exit scam by Cryptopia's team. Cryptopia, however, has been in full compliance with New Zealand authorities and sought their assistance a few days after the breach. An exit scam may be unlikely.
...interesting news...
Cryptopia Will Be Returning?
An email was reported to have been made by the New Zealand's investigation team, Operation Crypto, notifying some Cryptopia users about their funds and the possibility that Cryptopia may make a comeback in early to mid-February 2019. This has yet to be confirmed by Cryptopia's team, and no information regarding the possibility of reopening has been made on their Twitter account either. Investors saw this positively but are proceeding cautiously as the case still has yet to unfold.
The entire case is convoluted and not many questions have been answered. Most questions answered have been made due to the community and their vigilant effort to catch the hackers. So far we know the exact amount taken from Cryptopia Users, and the primary currencies used (Ethereum), as for the location of the hacker and the exact location where the site was breached has yet to be disclosed. We await further official Cryptopia updates.
If you have any further information please contact New Zealand Police. There is NO OFFICIAL DATE for when Cryptopia will be fully operational.
