Cryptopia Turns to a U.S. Court for Account Holder Data Protection

Cryptopia Turns to a U.S. Court for Account Holder Data Protection
фото показано с : bitcoinmagazine.com

2019-5-28 17:47


In the latest development over its security breach, cryptocurrency exchange Cryptopia has filed for bankruptcy protection in the U.S.

The New Zealand-based exchange, which has been dealing with the fallout of a January 2019 hack, went into liquidation and stopped all trading earlier this month. Cryptopia's assigned liquidator, Grant Thornton, then petitioned the Southern District of New York’s bankruptcy court to seek recognition of this liquidation and protect exchange data stored on servers by a firm in Arizona.

Per a report from Bloomberg, the unnamed firm had terminated its agreement with Cryptopia and was seeking $2 million in compensation for its services. Cryptopia's liquidators secured the bankruptcy order from the Southern District of New York, ensuring that the firm's data are intact through a provisional relief that will last until June 7, 2019.

“The interim order preserves the Cryptopia data, which includes a SQL database containing all account holders’ individual holdings of cryptocurrencies and the account holder contact details,” the update from Grant Thorton reads. “Without this information, reconciling individual holdings with the currencies held by Cryptopia will be impossible.”

This development closely follows news that Cryptopia’s founder has launched a new exchange.

This article originally appeared on Bitcoin Magazine.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Safe Exchange Coin (SAFEX) на Currencies.ru

$ 0.0054306 (-0.25%)
Объем 24H $1.742k
Изменеия 24h: 1.41 %, 7d: -8.63 %
Cегодня L: $0.0053635 - H: $0.0055227
Капитализация $6.099m Rank 99999
Цена в час новости $ 0.0060922 (-10.86%)

cryptopia exchange new data bankruptcy x27 firm

Источник: bitcoinmagazine.com

cryptopia exchange → Результатов: 126


Is Cryptopia safe? Full Review of Cryptopia Cryptocurrency Exchange

UPDATE: In January 2019, Cryptopia got hacked apparently by the same hackers on two occasions in a matter of weeks. The exchange is fighting an uphill battle to stay afloat and the obvious answer to the question of its safety and legitimacy is: as of January 2019 Cryptopia can’t be considered as a safe place […] The post Is Cryptopia safe? Full Review of Cryptopia Cryptocurrency Exchange appeared first on CaptainAltcoin.

2021-9-27 11:09


Cryptopia exchange liquidator under fire from hack victims

Since the release of its third report into the liquidation of the hacked Cryptopia Exchange in June, liquidators Grant Thorton are under fire from victims of the hack for paying itself over $1.7 million dollars in fees - which coupled with other expenses has used up more than half of the Cryptopia funds that have been secured since the exchange went into liquidation.

2020-8-2 08:00


Cryptopia Limited Files for US Bankruptcy Protection Following Massive Hack in Early 2019

Cryptopia Limited was hacked multiple times in the first quarter of 2019. The shareholders of Cryptopia have decided to file for bankruptcy in a Chapter 15 case in New York. The hacking of the Cryptopia exchange made headlines in January after a massive attack took $16 million from the exchange. The exchange was the host […]

2019-5-25 04:41


Cryptopia asks users to stop depositing funds; customers in distress as withdrawal service halted

Cryptopia, a New Zealand-based cryptocurrency exchange platform, recently announced that the firm would be liquidated and this process would be carried out by officials from Grant Thornton. Now, the exchange has asked users to stop depositing their cryptocurrency funds to Cryptopia addresses, via its official Twitter handle.

2019-5-16 11:30


Hacked Crypto Exchange Cryptopia Opts For Liquidation

Hacked cryptocurrency exchange Cryptopia has appointed liquidators as executives warn of an investigation lasting “months rather than weeks. ” Meanwhile, Binance is undergoing a major upgrade. Cryptopia Users Brace For Long Haul In a press release May 14, accounting firm Grant Thornton confirmed it was overseeing liquidation procedures at the New Zealand exchange, which lost $23 million NZD ($15.

2019-5-15 12:00


Cryptopia, New Zealand’s largest Cryptocurrency Exchange Hacked

The year started quite well for cryptocurrencies like Bitcoin and Tron. just shortly after the promising looks of the market and during a bear market, hackers decided to strike in New Zealand. In this latest hack, a popular exchange in New Zealand known as Cryptopia was attacked and its security has been breached yesterday 14 […] The post Cryptopia, New Zealand’s largest Cryptocurrency Exchange Hacked appeared first on ZyCrypto.

2019-1-15 14:13


Новозеландскую криптобиржу Cryptopia взломали хакеры

В Новой Зеландии злоумышленники взломали криптовалютную биржу Cryptopia. Администрация площадки уже обратилась в правоохранительные органы, и сейчас они проводят расследование. До его окончания криптобиржа будет закрыта.

2019-1-15 13:53


Биржа Cryptopia сообщила о проблемах в системе безопасности

Новозеландская криптовалютная биржа Cryptopia приостановила работу, сообщив пользователям о «существенных потерях» из-за бреши в системе безопасности. pic. twitter. com/0ZwqFfwwHi — Cryptopia Exchange (@Cryptopia_NZ) January 15, 2019 Также в сообщении говорится, что биржа оповестила власти об инциденте.

2019-1-15 12:20


Биткоин-биржа Cryptopia сообщила о «серьезных потерях»

Новозеландская криптовалютная биржа Cryptopia приостановила работу, сообщив пользователям о «существенных потерях» из-за бреши в системе безопасности. pic. twitter. com/0ZwqFfwwHi — Cryptopia Exchange (@Cryptopia_NZ) 15 січня 2019 р.

2019-1-15 12:05


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Man Sentenced for Illegal Money Transmission Services on LocalBitcoins

U. S. citizen Morgan Rockcoons has been sentenced to fines and prison time for running unlicensed money exchange services on LocalBitcoins. Advertising himself on the peer-to-peer bitcoin trading network, Rockcoons made more than 1,000 transactions with hundreds of different users.

Five Keys to Inner Strength From Five Years in Prison

October 1, 2018, marked five years since I was imprisoned. My physical surroundings today are ironically similar to what they were after my arrest back in 2013. I’m in the SHU again (Special Housing Unit, aka “the hole”).

Dutch Authorities Shut Down Bestmixer

The Dutch Financial Intelligence and Investigation Service (FIOD) has shut down cryptomixing site Bestmixer. io. According to local media, Dutch authorities moved to shut down the site on May 22, 2019, as part of a joint operation with police agencies from several European nations, including France, Latvia and Luxembourg.

Tether Partly Backed by Bitcoin, Court Transcription Reveals

Tether, a stablecoin tied to the dollar that is meant to mediate the volatility of other cryptocurrencies, is partly backed by bitcoin. As detailed in court documents obtained by The Block, Tether admitted to using some of the cash reserves meant to back its stablecoin to purchase bitcoin, among other assets.

Tether and Bitfinex Ask New York Attorney General for Fund Accessibility

Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens.