Finger
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May 15, 2019, 04:29:05 PM |
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If my knowledge is right, successful startups can be bought and sold (thats modern economy) and new ones created from profits. Thanks to PR strategy clients of topia are haircut rekt because last movers of chain
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pinoycash
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May 15, 2019, 04:30:42 PM |
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We should also need to keep watch on this company - https://www.chainfinancial.io/ based on discord discussion mods are saying these guys are the responsible for what happens in the cryptopia. This company will launch an exchange platform soon.
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Finger
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May 15, 2019, 04:44:11 PM |
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cestmoi
Full Member
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Activity: 196
Merit: 295
W̔̆̌̏͂͑ͦͧ
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May 15, 2019, 08:27:22 PM |
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Hey guys, just a reflexion here.
In the case of Mt Gox the only asset the exchange had was BTC and $ So they sold the BTC to return to people that lost their money based on $.
In the case of Cryptopia, only people that had coins that were "stolen" are at lost. The other clients shouldn't be impacted.
Why the liquidator would sell my "not'hacked" balance of coins to pay me back a lesser amount for something that didn't happen to me?
Example with "storage units", I have a storage unit, I Store a valuable car inside. The company that manages the units goes under (let's say storage king USA). The liquidator is not going to open my storage unit to sell my car to pay the debts of the company. However, the liquidator will sell the assets owned by the company to repay creditors.
What do you think ?
I'm in Christchurch and my wife is a lawyer I will be digging this a little bit more over the weekend. Thanks
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“W̼̟̻͎̞̦̖̭̩͔͇̺͍̩̯̲̔̆̌̏͂͑ͦͧ͛̿̑̈́̎͑̽̍ͭ̏̇͜ill you draW̼̟̻͎̞̦̖̭̩͔͇̺͍̩̯̲̔̆̌̏͂͑ͦͧ͛̿̑̈́̎͑̽̍ͭ̏̇͜ me a sheep?”
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somebody else
Jr. Member
Offline
Activity: 87
Merit: 2
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May 15, 2019, 10:05:03 PM |
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Liquidator can liquidate Cryptopia exchange, not our coins and tokens!!!
Our coins and tokens are not Cryptopia's assets!!!
We are not shareholders of Cryptopia so we are not responsible for any Cryptopia's work!!!
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somebody else
Jr. Member
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Activity: 87
Merit: 2
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May 15, 2019, 10:29:35 PM |
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What is this:
"We realise Cryptopia’s customers will want to have this matter resolved as soon as possible. We will conduct a thorough investigation, working with several different stakeholders including management and shareholders, to find the solution that is in the best interests of customers and stakeholders,” says David Ruscoe."
I don't care at all for their stakeholders including management and shareholders!!!
I care about my coins and tokens, and that "stakeholders" including managemant and shareholders are so likely responsible for them!!!
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paramind22
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May 15, 2019, 11:00:02 PM |
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Hey guys, just a reflexion here.
In the case of Mt Gox the only asset the exchange had was BTC and $ So they sold the BTC to return to people that lost their money based on $.
In the case of Cryptopia, only people that had coins that were "stolen" are at lost. The other clients shouldn't be impacted.
Why the liquidator would sell my "not'hacked" balance of coins to pay me back a lesser amount for something that didn't happen to me?
Example with "storage units", I have a storage unit, I Store a valuable car inside. The company that manages the units goes under (let's say storage king USA). The liquidator is not going to open my storage unit to sell my car to pay the debts of the company. However, the liquidator will sell the assets owned by the company to repay creditors.
What do you think ?
I'm in Christchurch and my wife is a lawyer I will be digging this a little bit more over the weekend. Thanks
Where are you going to sell coins that were only traded on cryptopia? Even Noblecoin falls into that category, they were once traded on Bittrex. When the bigger money came in such little coins with real utility and teams were overlooked.
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Timelord2067
Legendary
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Activity: 3822
Merit: 2235
💲🏎️💨🚓
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May 15, 2019, 11:46:49 PM |
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Thanks @ cestmoi for posting this information which is available in the Public Domain.
I have cross posted this to my thread Cryptopia - ONLINE ARTICLES related to hack & theft of funds 2019 https://bitcointalk.org/index.php?topic=5097916.0 which contains links to articles concerning Cryptopia's demise. It should be noted the thread is not intended for discussion on Cryptopia's demise or to admonish it's employees or aspects of the exchange.
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Timelord2067
Legendary
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Activity: 3822
Merit: 2235
💲🏎️💨🚓
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May 16, 2019, 01:33:49 AM |
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Perhaps a glimer of hope: I can't confirm when this article was posted. (but I'd take the article with a grain of salt)
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Beyerd17
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May 16, 2019, 06:07:31 AM |
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Anyone here have any idea what will happen to the Cryptopia loss marker (CLM) given to their customers that had to take a haircut? Will it be null and voided?
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arielbit
Legendary
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Activity: 3430
Merit: 1060
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May 16, 2019, 06:33:42 AM |
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article date, Jan 10 2018 They quit their jobs about a year ago and put all their savings into Cryptopia as a full time enterprise, although they were unsure at the time how much future it had. they quit their jobs because they will retire with your money..and they are very sure about cryptopia's future--> CRYtopia for everyone conspiracy theory confirmed LOL...happy retirement guys!
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fapnnap
Jr. Member
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Activity: 349
Merit: 2
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May 16, 2019, 08:24:34 AM |
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'topia ded
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Slkp
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May 16, 2019, 09:40:45 AM |
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Most likely topia refund btc and alts by the price of CMC or last trades. Sometime in july.
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DADIBLAND
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May 16, 2019, 11:17:59 AM |
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There has to be some way to force cryptopia to open the exchange and allow withdrawals for all coins or this will continue indefinitely. They won't open because the new zealand police won't do their jobs and force them to open. Cryptopia feels no threat of criminal or civil charges so they behave in this reckless and disdainful manner. The new zealand police have to be the most useless worthless piles of steaming garbage on the planet. They have done absolutely nothing to investigate what happened and to gather enough evidence to lay criminal charges against cryptopia and their two owners Clarke and Dawson. This absolutely cannot continue and if cryptopia thinks they can stall and take their time and taunt us with little kids messages on their home page they got another thing coming. My next step is contacting the fbi . When the fbi sends a team down to new zealand then those fuckers clarke and dawson will be in for a rude awakening because the fbi are serious individuals. They aren't like these useless fake cops they have in new zealand. POLICE CONDUCT AUTHORITY https://complaints.ipca.govt.nz/195FBI https://www.fbi.gov/contact-us/legal-attache-officesTHANK YOU
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torig
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May 16, 2019, 11:38:50 AM |
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Most likely topia refund btc and alts by the price of CMC or last trades. Sometime in july.
That is prediction ?
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xtraelv
Legendary
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Activity: 1288
Merit: 1926
฿ear ride on the rainbow slide
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May 16, 2019, 12:00:40 PM |
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Most likely topia refund btc and alts by the price of CMC or last trades. Sometime in july.
That is prediction ? I think that is unlikely. They have indicated publicly that it will take some time to sort out. It is likely that they will seek specialist advise & court approval as to how to handle the liquidation. “Given the complexities involved we expect the investigation to take months rather than weeks.”
The liquidators are also working with independent experts and the relevant authorities with regards to the company’s obligations. Source: https://www.grantthornton.co.nz/press/press-releases-2019/cryptopia-limited-appoints-grant-thornton-as-liquidators/
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sluppy
Legendary
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Activity: 2020
Merit: 1041
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May 16, 2019, 02:46:13 PM |
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Most likely topia refund btc and alts by the price of CMC or last trades. Sometime in july.
That is prediction ? I think that is unlikely. They have indicated publicly that it will take some time to sort out. It is likely that they will seek specialist advise & court approval as to how to handle the liquidation. Given the complexities involved we expect the investigation to take months rather than weeks.
The liquidators are also working with independent experts and the relevant authorities with regards to the companys obligations. Source: https://www.grantthornton.co.nz/press/press-releases-2019/cryptopia-limited-appoints-grant-thornton-as-liquidators/Those liquidators and " Experts " will take their sweet time getting paid by the hour .. so when the money is pretty much all gone expect results not before .. They robbed us .. People depositing after btc ltc dodge reopen should probably teamup for a lawsuit .. they took in money right up until the moment they closed it down .. This whole thing stinks to high heaven they knew the second they would open Alts for withdraw pretty much everything would leave the exchange that very second .. so they just strung us along for 4 months.
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The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
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rsbriggs
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May 16, 2019, 03:57:39 PM |
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I do not wish to drag you people backward but i read a lot of articles about users not able to withdraw their funds due to the hack and i think it should not work that way, cryptopia makes money off traders when they trade and withdraw funds, their problems should not be shifted to the users who does not enjoy any free trading and withdrawal fees.
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