There had to be a huge number of Cryptopia victims that received absolutely zero simply by virtue of refusing to comply with the KYC demands of the liquidators Grant Thornton. That does not mean they were doing anything illegal, they just wanted to keep their data private and for those reasons forfeited the right to get any portion of their funds back.
Keeping those victims aside, there have been other victims that stated they had received some of their Bitcoin whereas others are still waiting for other crypto.
I have not followed this case for a lot of time, since all my altcoins that I held there in 2018. are worth close to nothing now, but out of curiosity I wonder if there is there any positive news regarding all of this? Did any of their customers receive any funds back? If they did, did they receive fiat or BTC back? Is there any information where the stolen funds ended?
As far as I know most of altcoins were not stolen, but I don't expect to get anything back.
Too much time has passed, I don't believe that anything will happen. If there was a strong will to solve this, it would have happened in the first few months.
Here some victims of the Cryptopia fiasco are trying to "sell" the debt, offering it as collateral for a loan.
Loan purpose: pay unexpect lawyer fees for girlfriend with inability to get legal aid. The requested lawyer amont is 1200€.
Source of repayment funds: a 0.18 second cryptopia.nz liquidation payment. The problem is fiat banks are weary of the Bitcoin price change and earning at the minimal wage, so they don't pay (and also in the case Bitcoin crash I don t want to have to pay far more than I will earn).
Refund date:upon public annoncement cryptopia liquidators claim the second distribution was performed. 25%APY will be added to the borrow amount. This means the total refund amount will depend on the duration. But this can be debated. Though, I won t go above 40% of the total refunded amount whatever the original timeframe was.
