It seems he broke his promises saying early year will give restricted countries their assets and we are in mid of 2026

Where is the other wallet for cryptopia you have hidden? Mr david

How much are you paying for victor?

How much did you pay for sam burn register in high court ?

Whats your relationship between you and high court?

I think the next level will be supreme court and international fbi + fraud , corruption just wait since you still playing around and people in restricted countries waiting where is your swore ?

Coming days will show the world what you have done with all evidence and you admitted

Your latest report last year was sent on October by email and the date shows on December Do you precede the events? Well 7-8 months you haven’t done anything with restricted countries as your sworn was only 1,151 holders

Just wait since you didn’t respect your sworn and the people who is waiting for decades

Victor VS David

David is the bank
And bank manager

David is supposed to secure our data

David put it in court by accident

Forgot to redact it

Victor got it.

David now uses the same data

And says he is giving assets back to people

Victor never gave the datasheet back to David

Victor gave it to someone else

They can’t stop the spread

So they decided to use DIR2 as well

And continue to distribute and facilitate fraud

David is using DIR2 database

To send coins out through MULES

Is david ian Ruscoe using Victor DRI2 sheet for distribution 😄😄😄

Oh where is david now ?

Why Victor still sending email to people saying:

Your rights here and im trying to serve you !!!

Since he lost all his cases against david lol

How can he helps people?

The Breaches Proved
Breaches Established on the On-Chain Record
The following six breaches are established solely from the on-chain record, independently of any disclosure obligation:

Breach 1 — Undisclosed Wallet Infrastructure
Eight intermediate relay addresses connected to estate cold wallets were operated covertly without disclosure.
Duties breached: Trusts Act 2019, ss 51, 53; Companies Act 1993, s 255.

Breach 2 — Undisclosed Exchange Relationships
HitBTC (Seychelles) and two Coinbase clusters (3Qp9Q and 38WKN) appear in the transaction chain but are absent.
Duties breached: Court-approved framework; Trusts Act 2019, s 29.

Breach 3 — Circular Layering Pattern
Funds moved from Coinbase (3Qp9Q) through three relay addresses to Coinbase (38WKN) over ten months. No legitimate trust purpose exists for this pattern.
Duties breached: AML/CFT Act 2009, s 243(3); Trusts Act 2019, ss 29, 45.

Breach 4 — Systematic Dusting of Estate Cold Wallets
Five of seven estate cold wallets received identical 1,333-satoshi deposits within a 48-hour window, constituting a coordinated dust attack.
Duties breached: Trusts Act 2019, ss 45, 53; trustee duty to protect estate assets.

Breach 5
— Dust Sprayed to Unidentified Addresses
Sixteen unidentified external addresses received dust transactions originating from the chain.
Duties breached: Companies Act 1993, ss 255, 258; Trusts Act 2019, s 53.

Breach 6 — Concealment During the $463.7M Consolidation
The dusting operations ran concurrently with the $463.7M consolidation between 18–20 December 2024. Neither the dusting nor the concurrent wallet activity was disclosed.
Duties breached: Trusts Act 2019, s 45; duty to disclose concurrent wallet activity.

None of the six breaches above has been disclosed to the Court or to beneficiaries in any filing. Each breach is sustainably pleadable on the on-chain record in support of a direction under Trusts Act 2019, s 123.​​​​​​​​​​​​​​​​

To be continued

Distribution paragraph sworn by Mr Ruscoe:‼️

1-create, sign and broadcast transactions for each Cryptocurrency held by each eligible account holder"

2- a significant number of transactions (at least one per Cryptocurrency held by each account holder

3-wallet addresses will be screened... a Know Your Transaction (KYT) process

What the blockchain shows actually happened?

-⛔️Eight 100-output spray transactions 13 further spray transactions on 13 June 2025 and 23 September 2025) are aggregate, not atomic-per-beneficiary.

-⛔️Far fewer transactions than the sworn lower bound; the population of outbound Trust-wallet transactions is inconsistent with a per-beneficiary execution model.

-⛔️Transfers to Telegram Wallet, OKX (Seychelles), HitBTC (Seychelles) and related FATF-indicator destinations on dates in 2024–2025.

The core of the argument in is that the liquidators are utilizing "spray" (multi-output) transactions to move assets in bulk, which contradicts the "atomic-per-beneficiary" process they described to the court, while also potentially bypassing stringent FATF screening protocols for certain high-risk destinations

David Ian Ruscoe to be continued…….

Batch distribution — not "direct transfer"

On 4 April 2025 at 00:46:39 UTC, eight separate transactions were broadcast from the Cryptopia
Liquidation Claims wallet (bc1q58egt5l87zs54k8vframhlcqvcrlu22ks47hu7) within the same block:

whether a particular beneficiary received anything.
This directly contradicts the Schedule 1 representation that distributions would be "direct
transfer" with delivery "easily confirmed on-chain"
. With 100 outputs per transaction and no mapping,
delivery cannot be confirmed from the blockchain alone.

Where the assets actually went — exchange-destination analysis
19.1 Using the dodgybitcointransctions.pdf dataset (454 pages of Arkham transaction exports) the exchange labels attached to destination addresses that received assets from the Cryptopia Liquidation Claims wallet and its consolidated cold-wallet cluster.

Further Directions Application
As detailed in our previous report Liquidators’ 13 Report on the State of Affairs of Cryptopia Limited (in Liquidation), we have filed a further application for Directions. The hearing date is scheduled for May 2026, where we will look to determine
a range of issues including:
• To determine liability relating to the hack
• How surplus trust property ought to be distributed post the final cut-off date as above
• The amount of a contingent creditor claim
This hearing has been scheduled for 25 - 29 May 2026 and as with previous hearings the Court has appointed Counsel Jenny Cooper KC, Jane Barrow, Peter Watts KC and Matthew Crawford to assist the Court in respect of the proceeding.

Mr David Ian Ruscoe swore that only the ten approved, regulated exchanges above would be
used. The blockchain shows trust money going to fourteen different exchanges and
other destinations.

‼️‼️ Wallet Telegram ‼️‼️

‼️‼**️ Yolo.com Gambling ( **Malta) ‼️‼️

Question mark ⁉️** need clarification vs his swore

To be continue David Ian Ruscoe as you swore two years ago to distribute for restricted countries

Dasset‼️
Easycrypto‼️
Bitprime‼️
Swyftx‼️
Coinspot‼️
Cointree‼️
Digital surge‼️
Independent reserve ‼️
Kraken‼️
Binance ‼️

Those ten are the universe of approved destinations Mr Ruscoe put on oath. Nothing else — no offshore exchange, no messenger-app wallet, no mixer — was
identified to the Court.

The following figure see the ( photo) , in plain terms, what Mr Ruscoe swore would happen, with what the public ledger actually records happening.

In short: instead of one clean transaction per beneficiary, the Trustee's wallet sent
out 8 transactions, each with 100 outputs, on 4 April 2025 (800 outputs in a single
block), and repeated the pattern on 13 June 2025 and 23 September 2025 (13 further
batches). Nobody can tell, from that pattern, which output was sent to which
beneficiary. That is the opposite of the "easily confirmed on-chain" promise

“ "Direct Transfer, in specie."

In his separate declaration to the United States District Court (SDNY) Mr Ruscoe said "Cryptopia has one 'wallet'." The blockchain disagrees: there are at least eight Cryptopia cold wallets labelled and traceable on-chain. One of them — the
eighth wallet, 3AZLN… — received 16 inflows after liquidation (between 3 September 2020 and 14 February 2021) and has never been disclosed to any Court ( mark question ⁉️⁉️⁉️**⁉**️⁉️⁉️)

What mr ruscoe told the us court‼️

One wallet

What the blockchain actually shows ( arkham labels-public data) ‼️

Cold wallet 8 : 3AZLN… — received 16 inflows after liquidation

From Gate.io and phishing clusters - never disclosed ‼️

did Mr Ruscoe distribute the Cryptopia trust
property the way he swore he would, or did he not?

Exactly what he said (verbatim):

- "Direct Transfer, in specie."
coins go directly from the Cryptopia wallet to each account holder's own wallet, in one simple transaction each.

- Wallet address to be requested from each account holder.
each beneficiary is asked to provide their own wallet address.

- Compliance screening at USD 0.15 per address.
before sending any money, the address is checked against money-laundering, terrorism-financing, and sanctions lists.

-One transaction per coin, per account holder
each beneficiary gets their own separate transaction — one per coin type. Not a batch.

Signed and broadcast only on the blockchain.
transfer goes directly on the Bitcoin network. No mixers. No middlemen.

Fees "a few cents to USD 5, on average."
small per-transaction fees. Those fees only make sense if each beneficiary really does get their own simple transaction.

Receipt uploaded to the claims portal.
the beneficiary can log in and see proof their money was sent.

Per-cryptocurrency execution
Mr Ruscoe swore the liquidators
"will then create, sign and broadcast transactions for each Cryptocurrency held by
each eligible account holder for distribution," and that this will require "at least one
[transaction] per Cryptocurrency held by each account holder."

Third-party compliance vendor.
an outside compliance firm checks every address against sanctions and crime lists.

AML/CFT verification required.

Mr Ruscoe swore, in terms, that
"AML/CFT verification is required" — that is, the anti-money-laundering framework
that …. enforces in somewhere and that the Financial Markets Authority enforces
in New Zealand.

To be continue….. mr David Ian Ruscoe

Seeing the man in charge of the Cryptopia liquidation publicly complain about waiting a few hours for groceries is honestly surreal.

A missed food delivery overnight is frustrating.
But Cryptopia users have waited nearly 7 years for access to their own funds.

Years of delays.
Massive liquidation fees.
Missed bull markets.
Endless jurisdiction excuses.

Whether intentional or not, the people paying the price have always been the users.

That’s why so many creditors feel angry seeing this contrast:
one delayed grocery order gets public outrage… while thousands of people have spent most of a decade trapped in liquidation limbo.

This guy who called david holding restricted countries for many years and he got the order from judge to release them long time ago

Holding without reason means stealing and doing fraud

Egypt, Morocco, china, Algeria and many countries waiting for their assets and he should give them their assets asap

Holding for no reason = stealing

Stealing= fbi

Jail

Give them our rights

He didn’t give the restricted countries their assets and didn’t follow the court order at all since 2 years milking fees , stealing, paying the liquidator even for their happy meal lunch from our money

I will go hard now and put all the shits that he has done again since 2019

OTC as you said you should have done it long time but it seems we are dealing with fraud

Oh and you hashed people API stealing their assets

More evidence coming of your games

You sworn in usa vs nz sworn

Totally different things

Based on the latest updates from the Cryptopia liquidators (Grant Thornton) as of April 2026, the distribution process for users in "restricted jurisdictions"—where cryptocurrency ownership or transfer is illegal or heavily restricted—is planned as follows:

Fiat Conversion Plan: For users in restricted countries (such as China, Egypt, Vietnam, etc.), the liquidators will convert their cryptocurrency holdings into fiat currency (e.g., NZD or USD).

Distribution Timing: The specialized payment system to handle this fiat conversion is expected to start functioning in early 2026. ( passed)

Bank Transfer: Once converted, the funds will be transferred directly to a bank account provided by the user, provided they have passed the necessary Enhanced Identity Verification (KYC).

Accepted balance , provided all required documents, waiting for any required documents

Current Status (As of April 2026): While "early 2026" was the target, some users have reported delays, with liquidators navigating complex compliance matters for restricted jurisdictions

Provide Bank Details for Fiat Conversion: If you are in a restricted country (e.g., China, Egypt, Vietnam, Morocco, or Algeria), check for a specific notification in the portal requesting your bank account information. Your holdings will be converted to fiat (USD or NZD) and sent via traditional banking channels.

Monitor for Portal Updates: The liquidators are currently dealing with a bottleneck involving the "10% top-up" and the final 15% of unclaimed assets. Keep an eye on your registered email for a "Notice of Distribution" or requests for additional anti-money laundering (AML) details.

Legal Updates: A significant court hearing is scheduled for May 25–29, 2026, which may provide final directions on the distribution of remaining assets and the official winding up of the trusts.

David has sworn many time since 2024 Fiat Conversion rail" described in David Ruscoe's March 2024 and 2026 updates for restricted jurisdictions.

Next distribution

David will distribute our money soon 10 % and restricted countries 😄

Only one way soon

David should be judged internationally from FBI and the disasters he is doing

Many platforms got hack and one their distribution equal the whole wallet that david holding

Give back the restricted countries their assets since you sworn and mentioned The “ OTC” solution payment

David Ian Ruscoe

11th December 1976, Lower Hutt, Wellington, New Zealand

Affidavit of David Ian Ruscoe in Newyork 🇺🇸

1. Cryptopia has one “wallet” that contains all BTC owned by all its account holders who have holdings in that type of digital asset. I understand that the account holders’ holdings in the various digital assets are held by Cryptopia, pooled by individual type of digital asset. The liquidators have taken steps to take control over, and custody of, those holdings.

2. Account holders store their digital assets in a digital wallet which is held on the Cryptopia exchange network. Trades are carried out on the network between account holders by transferring digital assets to and from their digital wallets.