Cryptopia Hack Victims Receive $225 Million In Distributions At Last
Posted On December 22, 2024
Victims of the hacking of defunct New Zealand-based crypto exchange Cryptopia are finally seeing restitution, with $225 million in digital assets being distributed to former account holders.
What Happened: The distributions mark a significant milestone in the exchange’s liquidation process, which has been ongoing since 2019.
According to the press release from accounting firm Grant Thornton, over 10,000 verified users of Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) have received their initial cryptocurrency distributions.
“Within the last 48 hours, over $225 million in cryptocurrency has …
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