Cryptopia Exchange Liquidator Asks Its Devs How to Reimburse Users
William Suberg's original article for cointelegraph.com reduced by 40%
Grant Thornton, the firm liquidating hacked New Zealand cryptocurrency exchange Cryptopia, has discussed how best to do so with the platform's developers. Grant Thorton aims for "Collaborative relationship". According to a leaked email from Grant Thornton originally dated Sept.
23, its executives planned to conduct an online meeting for the developers on Oct. 7. "Given the scale, complexity and unique nature of the Cryptopia situation it is desirable to develop a collaborative relationship with the developer community." The move marks the latest step in reimbursing the exchange's clients, who lost around $4.2 million in total after the hack last January.
According to Grant Thornton, Tuesday's meeting aimed to explain the liquidation process to the developers and ask for their assistance going forward. The hack is somewhat smaller in scale than 2019's other major exchange breaches.
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