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Cryptopia Exchange Hacked Update

Cryptopia Exchange Hacked Update

Grant Thornton, the liquidators of hacked New Zealand Bitcoin exchange Cryptopia, have released an update on the progress made thus far.


According to a statement released on its website on Wednesday (August 21, 2019), Cryptopia didn't use individual crypto wallets. Instead, the Bitcoin exchange platform pooled customer funds into co-mingled coin wallets.


Thus, the liquidators are facing a difficult time determining the amounts held by customers. Furthermore, Grant Thornton says it has to manually reconcile pooled wallet data with customer data information.

Source : bitcoinist.com

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