Cryptopia Cryptocurrency Platform Services and Development

[HCP]

The fact that an employee could casually copy/paste some private keys onto a USB drive and walk away with them is pretty damning evidence that their security protocols were poor to non-existent...

[ovcijisir]

Did someone read GT report where they specified expenses on Cryptopia case?

They charged up to 650$ per hour and made almost 20.000$ travel expenses:






They also have 102.000$ of disbursement costs so it seems that someone got their money back after all?

Link to the report is here.

[TheCryproMaster]

Chaaaaa ching. They're milking this fat cow till there's dust coming out the teets. Literally, they'll live on dust.

WTF happens when the coffers dry up, no more money to pay their $650/hr? Do we fuckers have to cough up to keep it going to ensure our coins are returned?

That is an actual concern. What happens to the liquidation process when there is no more Cryptopia funds to pay these cunts?

[paramind22]

Would this be allowed to go on in USA, Europe or even more developed Asia, let alone many other nations?  Is there a chance that the NZ government might get involved?

[Lafu]

Would this be allowed to go on in USA, Europe or even more developed Asia, let alone many other nations?  Is there a chance that the NZ government might get involved?

What you mean excatly ?
The NZ government is mostly the reason also why it takes so long .
Diffrent country , other laws and rules !
As i have heared the testing for KYC has been started now to a few Users and they should be received an email for that.
After that , all other will be receive there email for starting the KYC .

[item-ax]

Anyone was able to register to the website ? Each time i tried, the website was stuck in the main page with no possibility to proceed to next steps... I tried on several computers, with different OS, from Windows, to Mac and Android...

[paramind22]

Anyone was able to register to the website ? Each time i tried, the website was stuck in the main page with no possibility to proceed to next steps... I tried on several computers, with different OS, from Windows, to Mac and Android...

I was able to about two weeks ago.

[item-ax]

Anyone was able to register to the website ? Each time i tried, the website was stuck in the main page with no possibility to proceed to next steps... I tried on several computers, with different OS, from Windows, to Mac and Android...

I was able to about two weeks ago.

f*** .... the claim website seems not active, is there another way to try again the claim process ?

[Lafu]

f*** .... the claim website seems not active, is there another way to try again the claim process ?

Looks like the problem is on your end , maybe its possible that the Browser you are using is the problem , did you tried Firefox , it should be working there if its the Browser.
I just also tried to login to the Claims Portal webpage and got no problem after inserting the 2FA Code and then i was instant in my Account there.
If you dont get it working write the Support at https://cryptopia.zendesk.com and explain your problem.

[HCP]

They also have 102.000$ of disbursement costs so it seems that someone got their money back after all?

No, you're misreading the chart... that $102k is the total of all the things above (ie. travel+cyber security+AML expertise+data hosting+"sundry").

No one has been "paid out".

[BayAreaCoins]

Would this be allowed to go on in USA, Europe or even more developed Asia, let alone many other nations?  Is there a chance that the NZ government might get involved?

A government can't make crypto appear out of thin air.

This stuff is long since gone.

It appears someone did get a small distribution back.  These are usually people with contacts and such.  Special treatment.  It happens everywhere.

The funds are gone.  Move on and don't beat yourself up.

Still give them hell though.

[four3200]

Has anyone received any coins from Grant Thor?

[TheCryproMaster]

KYC stage hasn't even begun yet so unlikely anyone would get anything yet.

[Lafu]

KYC stage hasn't even begun yet so unlikely anyone would get anything yet.

The real KYC stage and step hasnt begun for now officially but the testing phase for some random Users has started.
This means for a few random Accounts that got an email its possible to make the KYC step already.
But thats all and after the testing all Accounts will be getting the email for the KYC step.
If the KYC step is done successful we have to wait again for the next step.

[Timelord2067]

Certain users here are going to have to weigh up whether or not they claim via KYC from Cryptopia / GT as once their identities are known, *anyone* can then serve GT with court papers to obtain the KYC details of any users for any reason...

Years into the future.

[condoras]

Certain users here are going to have to weigh up whether or not they claim via KYC from Cryptopia / GT as once their identities are known, *anyone* can then serve GT with court papers to obtain the KYC details of any users for any reason...

Years into the future.

Even if I'm one of those who weigh their KYC more than their holdings on Cryptopia, Cryptopia / GT verification process makes it more than hard from the start if you choose to share your identity. If the process was easier, maybe those users (including me) would weigh it differently. For me, they just want to give as little as they can and this is one of the best ways to achieve it.

[Timelord2067]

That's certainly true, but GT run the risk that years into the future they will either have to fend off challenges via the New Zealand courts for information of user's identities which will eat into any profits GT might make from Cryptopia.

Data storage costs alone will be a blight on their bottom line. Especially if enquiries are spaced out just enough.

[ovcijisir]

Just sending friendly reminder to check your e-mail if you registered a claim for returning of funds.

I got e-mail two days ago, and it is required to
1. Take a photo of ID/Passport or driving licence.
2. Also you need to record yourself on webcam or mobile phone and
3. Take a photo of bank statement or utility bill which shows your current address.

Good luck to all who are in claim process

[Daltonik]

Just sending friendly reminder to check your e-mail if you registered a claim for returning of funds.

I got e-mail two days ago, and it is required to
1. Take a photo of ID/Passport or driving licence.
2. Also you need to record yourself on webcam or mobile phone and
3. Take a photo of bank statement or utility bill which shows your current address.

Good luck to all who are in claim process

Thank you for sharing this, I am following this topic since a good friend got into this situation with criptopia, he also already has a registered application, but has not yet received letters with similar requirements.

[M-BTC]

Just sending friendly reminder to check your e-mail if you registered a claim for returning of funds.

I got e-mail two days ago, and it is required to
1. Take a photo of ID/Passport or driving licence.
2. Also you need to record yourself on webcam or mobile phone and
3. Take a photo of bank statement or utility bill which shows your current address.

Good luck to all who are in claim process

Thank you for sharing this, I am following this topic since a good friend got into this situation with criptopia, he also already has a registered application, but has not yet received letters with similar requirements.

I didn't receive an email either. I had a verified Cryptopia account so perhaps they're only sending emails to unverified accounts.