Cryptopia, a crypto-exchange that in mid-January was subjected to a massive hacker attack, began the process of liquidation.
A message about the start of liquidation appeared on the official website of the trading platform. Grant Thornton is responsible for this process. The report from Cryptopia states that, despite all the efforts of the company's representatives, who were primarily aimed at restoring the trading platform after hacking, as well as reducing costs, the administration decided to suspend operations and begin liquidation. The decision was made in the interests of clients of Cryptopia, employees of the crypto-exchange, as well as all others whose activities were related to the company.
Russell Moore and David Rusko, representatives of Grant Thrnton, will be engaged in the preservation of digital assets, as well as their distribution among Cryptopia customers. Liquidators will cooperate with independent experts and the regulator in order to ensure that the crypto exchange fulfills its obligations to customers. In what form the users will receive the remaining funds from the trading platform is not yet known.
Recall that in April, the Cryptopia team began to take measures to restore their activities, the crypto-exchange provided users with the opportunity to enter and withdraw Bitcoin, Litecoin, Dogecoin, but the company failed to cope with the consequences of a hacker attack.
