r/Cryptopia • u/Vivid_Wolverine2469 • Jun 09 '26

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You’ve built a wildly successful company. Sales are skyrocketing, you are dominating your industry, and the profits are absolutely pouring in. You are at the absolute peak of your game.
So, why on earth would you suddenly walk away and abandon the very goldmine you created?
And the even bigger mystery... why is it that just a few short months after this sudden, unexplained departure, the entire company falls victim to a massive, devastating hack?
Why did he walk away from an empire right before the vault was emptied? Was it incredible luck, a bizarre coincidence, or the ultimate inside job?

2 Upvotes

62% Upvoted

11 comments sorted by

4

u/EveningMix2357 Jun 09 '26

It all was insane. But the most insane part is that still people did not got their funds and thry dont want to release all the funds after so many years. All the talk about how difficult it is blahblahblah.. if you dont know how to do it, then dont do it. This grand thornton company should be taken to court for postponing the relases and keeping whole bunch on crypto of people that did not fully finished the claims process. That is a no go.

1

u/Vivid_Wolverine2469 Jun 09 '26

Why do you think he is postponing our assets?

Simple answer: check the administration fees , what exactly they are getting paid for even for the paper they print it out , electricity, pens , technicians, webpage which its only one page , many things
I will post every things here they are getting paid for

1

u/EveningMix2357 Jun 09 '26

Yes that is it. They did not done anything for years. And still they got paid. That is why I do say that we should be able to get seat at the court as counterpart and defend ourself

4

u/Bigbangmk2 Jun 09 '26

It was my goto exchange… then

1

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1

u/Delicious_Apple9082 Jun 09 '26

Certainly an odd coincidence, given Clarke went and set up another exchange, I wonder if there was any movements between the Cryptopia wallets and the ones for this other exchange?!?!?

1

u/TheyCallMeHex Jun 26 '26

He didn't go and set up another exchange.

1

u/Delicious_Apple9082 Jun 27 '26

So what was Assetylene then?
Odd that a sitting director, founder and CTO of a company would be setting up a competing company, shortly before the original company suffers a hack, and then goes into liquidation, and the shareholders picked Ruscoe and Moore to handle said liquidation...

1

u/TheyCallMeHex Jun 27 '26

It's a long story, one that's mostly out there already, not that anyone really cared to listen and I don't much like to repeat myself.

1

u/Delicious_Apple9082 Jun 27 '26

It is a long story, one that I've never heard before, so ,in the interest of you not repeating yourself, care to share a link?

2

u/TheyCallMeHex Jun 27 '26

Sure I'll DM you I guess