Cryptopia Exchange Hacked Update

By razeiv | razeiv | 21 Aug 2019


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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