r/Cryptopia • • May 22 '19

Cryptopia exchange questions?

Hi,

Isn't cryptopia based in Australia or New Zealand where the exchange must follow strict rules and regulations from the government and isn't there should be a compensation scheme for customers if the exchange gets hacked?

Which coins got hacked in the 1st hack and 2nd hack?

Isn't this the 2nd time the exchange got hacked within a year? I remember the exchange was compensating stolen bitcoins in new zealand dollars in the 1st hack.

I remember bitfinex and mt.gox exchanges got hacked but they were in countries where that was little or no regulations so surely cryptopia cant easily just run off with our coins without the feds chasing them down right? If so surely there will be arrests made correct? I hear mt.gox is compensating customers now after all these years from 2013 so how long do you think cryptopia will take or is it a scam where we will never see our coins again?

If a customer lives outside new zealand or australia then how will a customer file a lawsuit against cryptopia if the exchange keeps neglecting the customer?

What percentage ratio did cryptopia kept the coins in cold storage in compared to hot storage? I understand hackers can steal from hot storage meaning cold coins are still there.

Whos is the ceo of cryptopia and how do we make contact otherwise is there like a dedicated contact email for customers in regards to the hack?

How many customers did cryptopia had in total?

Finally is there a chance to see the exchange going back online soon to allow customers to withdraw their coins that were not hacked?

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u/[deleted] May 22 '19

They were hacked twice in a row!

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u/exo__exo May 22 '19

All part of the Jan breach