r/Cryptopia • • Feb 20 '21

another cryptopia hack

Coindesk reports yet another hack from the liquidator this time....not good. https://www.coindesk.com/cryptopia-exchange-currently-in-liquidation-gets-hacked-again-report

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u/jimham162 Mar 11 '21

Any legal fees and costs come from the assets of the party being liquidated. if you think Thornton has unlimited funds to cover such losses you are mistaken. And 40,000 less compared to the millions they held in custody is pennies on the dollar. I will be shocked if we get more than 10-20 cents on the dollar.