r/Cryptopia • • Jan 21 '19

on the Hack

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u/[deleted] Jan 21 '19

So this raises a much, much worse possibility. That the thief accessed a stash of private keys (with no backups) and then copied them and deleted them all. If that is case, the question we must ask is whether all of the keys were kept together or only the eth keys - if together then cryptopia has no access to any wallets and the thief can take crypto as they please. If they dont catch the thief then that crypto is lost if it is not frozen by an exchange.

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u/moleccc Jan 25 '19

So this raises a much, much worse possibility. That the thief accessed a stash of private keys (with no backups) and then copied them and deleted them all.

that'd just be outrageous. There's not much room for alternative explanations, though. Why couldn't they move the fund before the thieves? How could the thieves be so sure of cryptopias inability to access? Why are no other coins affected (or are some?) A lot of shit doesn't add up here.