Liquidators of Hacked Cryptopia Exchange Release Report, Note $4.2M Owed to Creditors

Cryptopia’s recently assigned liquidator, Grant Thornton, has released an estimation statement of the financial state of the firm, reporting that the hacked exchange owes a total of $4.22 million to its creditors.The report also indicates that the employee entitlements at the data of liquidation account for around $318,000.The report notes that liquidators were granted a court order from the New Zealand courts authorizing them to use certain crypto assets to recover and preserve assets. Thornton added that at the current stage of the investigation, they cannot forecast a date when the liquidation will be completed.Recently, analysts found that hackers have moved a portion of Cryptopoa’s stolen crypto assets to another crypto exchange.

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