Market Cap
24h Vol
3260
Cryptocurrencies
20349
Markets
Cryptopolitan
2019-12-12 15:44:05

Cryptopia liquidation process recovers $7.2 million

Cryptopia liquidation was a sigh of relief for the regulators and investors alike. The liquidator of the defunct Cryptopia exchange has successfully retrieved around seven million dollars ($7.2M). New Zealand based cryptocurrency exchange Cryptopia suffered a hack where the alleged hackers stole sixteen million dollars ($16M). Later, the exchange was put under liquidation by the authorities. Grant Thornton, the accounting firm assigned by the state authorities, revealed that salvaged assets were retrieved during the Cyrptopia liquidation process. The breakdown of the assets came around the seven million dollars ($7.2M) mark. Also, the report published by the firm mentions about some