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Author Topic: Cryptopia is gone?  (Read 10799 times)
akram143
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May 17, 2019, 10:42:31 PM
 #61


It wouldn't be fair if they just close without giving their users the time to withdraw their funds. From everything I've seen, thats how it works.
They'd tried to revive the exchange, to see them coming back after the hack is something positive. Its still got some way to go of course but without a fighting chance, they may close. I'm not sure what they exactly mean on their announcement but my understanding is that the Liquidator Grant Thornton will act on their behalf probably they will continue its operation.
yes it really answer because they need to be more trusted for the investors but right now they will not doing it that is the only bad opinion about this changes otherwise we need to know our mindset to the other direction but still now we have the opportunity to manage it that is the way that our mind will go to move.

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May 17, 2019, 10:51:05 PM
 #62

Cryptopia is gone?

I don't get what they mean
They liquidated so they are saying that
the exchange shut down
I cannot withdraw anything from their wallet anymore?

I guess they were hacked before and now, the news suddenly came ahead from their end that they got liquidated so yes, I don't think they are capable of giving back anything to their users at the moment.

See this - https://www.chepicap.com/en/news/9702/cryptopia-liquidation-everything-we-know-so-far-about-the-shutdown.html

Looks to me to be the best answer so far.
There is no news declaring that they were recovering from that tragic loss into the hackers.
They are not trying to help the community to get their money back and just gone. They are irresponsible team members. If your money were there, never expect to get it cause it for sure they don't care to give it back to the owners. 
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May 17, 2019, 11:32:29 PM
 #63

Not yet but they look shady now! From the beginning of the hack, Cryptopia team did not answer all questions quickly, many people raise their fingers against cryptopia CEO and the team. However, I have no hope anymore, Cryptopia exchange may go to the end, or they just got hack again!

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May 18, 2019, 12:33:58 AM
 #64


Yes, there will be an investigation that go up to months just to be sure with that. What are the coins that you left there? it's already a long time when many had warned to pull out your funds there.

Cryptopia never told users to remove their funds and it was only recently when they enabled bitcoin withdrawals while altcoin withdrawals had not started. I have CAPP, COR and few other coins that are still having live trading markets but now won't be able to get them back ever.
I mean that warning that anyone shouldn't store most of your tokens/altcoins on any exchange including cryptopia.

Sorry with those lost you've made, I guess that you don't put any hope of retrieving them again because of the situation that they are dealing with right now.

Not only him but i aware about that awareness but as traders and like me just try to put an order to catch the pump and that's why we are leaving some of our altcoin there.
But this just a little money and im not feeling sad to lose it.
Majority of traders are leaving some of their amounts in the exchange site to catch the top price and then they can buy back it again at the bottom price. We don't know if that happened.
It's what a usual trader do. We leave some balance on an exchange and because we trust the exchange, we are confident leaving them with a good amount which is the wrong practice that should be changed.

But learning with this incident, next time, leave the balance that you can afford to lose if something unexpected comes to that exchange.
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May 18, 2019, 02:48:13 AM
 #65

I think they were hacked and don't think they can go back yet as of this moment. Good thing I already cash out my assets from cryptopia and move it to other exchange before hacked has happened.
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May 18, 2019, 07:44:01 AM
 #66

Cryptopia is gone?

I don't get what they mean
They liquidated so they are saying that
the exchange shut down
I cannot withdraw anything from their wallet anymore?

Essentially yes.  When liquidators come in everything is locked and it's up to the liquidators to pay back the account holders.  How that is done whether everything or partial is up to them.  I hope you did not use topia as a main wallet, this will happen over and over again
  Just keep your coins local and when you have to trade, deposit in, buy coin, then insta withdraw.   It cuts your risk down to a minimum
I am looking away from that, I think I am still ok with Binance and kucoin exchange, they have got all the facilities that I need to make my trade successful, for the security part, I think I can handle that myself because I dint store my fund in any exchanges, and the little fund I have on them is what I use for my trading.

I am so sad that cryptopia is gone that way, it’s just because there are no unity among all exchanges, they would have just rallied round to really save the system, but I guess they will still come back again, it might not be in the name of cryptopia, but I know they will try and raise fund again through ICO or IEO for another exchange. Isn’t that their ways?

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May 18, 2019, 07:50:21 AM
 #67

Oh well, I think we know that this is coming, specially after the hack, they said they are going back online, unfortunately, it's about time that they acknowledge that they are in the process of liquidation. Everyone has hoping that they will be back, but this is not Binance, they don't have SAFU or enough funds, so I do hope that those who still have some funds can withdraw, but I wouldn't be surprised if it will take a lot of time before someone can get their funds there.

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May 18, 2019, 12:37:48 PM
 #68

I think they were hacked and don't think they can go back yet as of this moment. Good thing I already cash out my assets from cryptopia and move it to other exchange before hacked has happened.
Their exchange was hack and not safe anymore for some users they are able to withdraw their fund. And, find better exchange with good feedback that as a user we are safe to use and trade coins.
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May 18, 2019, 12:55:23 PM
Last edit: May 18, 2019, 01:14:18 PM by mdzahed134
 #69

Cryptopia is gone?

I don't get what they mean
They liquidated so they are saying that
the exchange shut down
I cannot withdraw anything from their wallet anymore?
Cryptopia is gone i mean hacked almost few months ago i think you didn’t heard this news. Site was shutdown but now recently they try to start newly everything. Exchange is now live i have some coin in wallet and still it’s showing but i cannot withdraw it.          

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May 18, 2019, 01:14:37 PM
 #70

it was shocking and what happened to them now I haven't been trading there for a long time and I also have a few coins there, if it's true their exchange is hacked so it's not safe anymore I think they will improve as soon as possible hopefully they will come back as soon as possible.

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May 18, 2019, 01:23:11 PM
 #71

Cryptopia is gone?

I don't get what they mean
They liquidated so they are saying that
the exchange shut down
I cannot withdraw anything from their wallet anymore?

I guess they were hacked before and now, the news suddenly came ahead from their end that they got liquidated so yes, I don't think they are capable of giving back anything to their users at the moment.

See this - https://www.chepicap.com/en/news/9702/cryptopia-liquidation-everything-we-know-so-far-about-the-shutdown.html

Looks to me to be the best answer so far.
There is no news declaring that they were recovering from that tragic loss into the hackers.
They are not trying to help the community to get their money back and just gone. They are irresponsible team members. If your money were there, never expect to get it cause it for sure they don't care to give it back to the owners. 

Hey man, why did you quote me when you didn't understand what I clarified in my words to OP?
I didn't adjoin anything with their hack and their current liquidation situation, but just gave it as an example that they are most probably victims (not sure, but it happens) and based on our mentality, we may be taking them wrongly and who knows if they couldn't do anything to help out the traders by being stuck in a situation where they have lost their funds already. How would they try even if they want to?
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May 18, 2019, 03:28:08 PM
 #72

It is sad for the traders who have funds to the cryptoia because they did not give atleast few days to cashout all of they coins that they have on that exchanges site. I traded there before to sell my coins but I've never tried again so I don't have any news from that site.  So what happens to the coins of the traders? I hope they back them because the coin they have for sure is really worth it even small amount.

 
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May 18, 2019, 03:35:17 PM
 #73

They not let you withdraw your coins from exchange? They sent some email before to announce they will close and to withdraw your coins? If not is not good at all that they not inform and also not give some time for people to withdraw coins, they should only stop trade and let people withdraw.
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May 18, 2019, 06:05:25 PM
 #74

I never expected this s with cryptopia we have seen lots of scams . I have some electroneum as well as other uneffected funds in cryptopia already lost some of ether in hack . Finally I became fool by trusting this exchange . It looks lovely ke clear exit scam.
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May 18, 2019, 06:08:48 PM
 #75

it was shocking and what happened to them now I haven't been trading there for a long time and I also have a few coins there, if it's true their exchange is hacked so it's not safe anymore I think they will improve as soon as possible hopefully they will come back as soon as possible.
How they will come back if your having fund in exchange you wouldn’t make this kind of comment . We are here to discuss and find alternative as a investors in cryptopia we are much worried and your easily saying they will improve . There is nothing to improve they have to return investors money.
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May 18, 2019, 06:28:40 PM
 #76

Since it has already involved liquidator, their coming back is shaky. Anyone that have any token should watch for any opportunity to  withdraw them. It has nor been easy for crypto community over the past 15 months

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May 18, 2019, 06:35:26 PM
 #77

There will never be a return of Cryptopia because the confidence of investors is now lost forever, and those who still had a coin / token can consider them lost; the only hope, very small, is a partial refund on some Coins, like Bitcoin, but only after many months, after the liquidation and the bankruptcy procedure.
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May 22, 2019, 07:34:25 PM
 #78

There will never be a return of Cryptopia because the confidence of investors is now lost forever, and those who still had a coin / token can consider them lost; the only hope, very small, is a partial refund on some Coins, like Bitcoin, but only after many months, after the liquidation and the bankruptcy procedure.
I think that many users of cryptocurrency will not repeat such a mistake and will not fall into the same pit twice.  If the company has declared itself bankrupt, while reserving enough questions for itself, this clearly indicates that you can no longer pay attention to this, even if the situation improves.
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May 23, 2019, 02:04:31 AM
 #79

This is to be expected because the first ever Crypto exchanges is also gone or shut down. Because of the popularity of the crypto currency, hackers all around the world are making their move to get even a cent from this famous exchanges they're just waiting out there for a single opening when they see one. That's it, Exchanges will either shut down or face bankruptcy.

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May 23, 2019, 04:47:16 AM
 #80

Cryptopia is gone?

I don't get what they mean
They liquidated so they are saying that
the exchange shut down
I cannot withdraw anything from their wallet anymore?
It seems that you have not read their announcement. The crypto really went bankrupt but the money of traders on exchange is still there and they will refund it to everyone. Don't worry too much, they will be responsible for the amount of investors because they are being controlled by the government.

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