Can A Cryptopia Exchange Got Hacked Simple Like that ?

[pedpedped101]

With the news we have received, we are yet to conclude on whether they truly got hacked and that there is something else behind it.
Well, anything can happen, because to investigate a situation like this, might be a little difficult.
Then, if they truly were hacked, they will have to pay a compensation package to the account holders on their platform.

[Huskarls]

They claimed to have reported the incident to the police so what would be great is if they published the police report to prove that it was indeed a hack and not an inside job with one employee disappearing with a shed load of ETH.

in my opinion even the police will find it difficult to track hackers because of the blockchain technology and this in my opinion is beyond their capacity so it will be difficult even though cryptopia has a lot of evidence of hacking by outsiders. So far, have we ever caught the exchange hackers who have been arrested?

[Burogh]

Cryptopia already involve police and i think cryptopia already make a transparant way to explain to their customer. I am believe cryptopia is decent exchanger and not run their customer coin. New Zealand Police already make investigation and i am believe cryptopia will run their bussiness again in near future

[patz22]

It will have a massive loss on their end as well on traders. If course there are ni perfect system but they should at least made sure that all employees are trustworthy and they should always develop it as security is main concern for every centralized exchange.

[shadowdio]

I thought they had solid security, I'm so disappointed, until now still maintenance and looks like they will not recover back their cryptos because hackers is already transferring the cryptos in their wallet.

[libert19]

NZ police had published report about this hack, so don't think it is an inside job. But, you can never be too sure.

[TastyChillySauce00]

NZ police had published report about this hack, so don't think it is an inside job. But, you can never be too sure.

Yeah that is a really biased question and we can't really be sure about that. Though, the report to the police gives us the impression that they are really trying to fix this thing.
Other time if people really to keep their money safe, never ever trying to save your cryptocurrency on an exchanges site.

[Adriano2010]

I don't know what to say 100%, but as i know all exchanges, or almost all hold their coins on cold wallets and the coins are never on site, the site of exchange is just the interface where we see how much we have and where we make the trade, exchange. I can't explain how coins are stolen if exchanges use cold storage. I think is just a try to run away with coins.

[SinisterBountyHunter]

We cannot believe it once they still have no proof that they got hacked. Because that may be their trick to stole our tokens that is in cryptopia exchange. But if they release valid reason on it, we may believe it.

[andor.gellenhidi]

I do not want to blame someone or say something offensive, but it seems to me that these guys artificially create the appearance of a similar situation. In fact, nothing bad could have happened, they just could have taken our money. This is just my opinion

[BitcoinHodler]

exchanges scam their users all the time specially when they are small and failing to make enough profit and cryptopia has been having some troubles making ends meet lately prior to the hack so it is not unheard of for them to actually pulling a scam and running away with a big amount of money and then coming back months later like nothing happened.

[Bittalk12]

Another epic scam from a trash exchange where most airdrop tokens are listed right away and dump right away. What can we expect from this exchange like cryptopia? I believe that they are already transferred the funds of its users from their hardwallets and the transfer from binance was just a bluffed. Well, their world is getting smaller since the wallet address can be tracked and thanks to decentralization.

[Geenstijl]

Do you Think Cryptopia Was hacked Or They are just Trying To  Run Away with peoples money  !!

As I know their cold wallets were hacked as well as hot ones. I can't imagine how does hacker could hack it without any insider job? I tend to believe to the second option.