Could you elaborate on the situation surrounding Grant Thornton and the potential return of Cryptopia account funds? There have been reports that Cryptopia, a New Zealand-based
cryptocurrency exchange, encountered financial difficulties and subsequently appointed Grant Thornton as its liquidators. Many investors and users of the platform are understandably concerned about the fate of their funds. Are there any indications that Grant Thornton intends to return these funds to their rightful owners? If so, what is the estimated timeline for such a process? Additionally, what steps are being taken to ensure the funds are distributed fairly and transparently?
6 answers
DigitalEagle
Fri Jul 19 2024
Since the inception of the Cryptopia exchange liquidation process over four years ago, the progress has been sluggish, leaving customers in limbo.
Daniela
Thu Jul 18 2024
However, despite the passage of several years, Grant Thornton has yet to make any substantial progress in returning funds to Cryptopia's customers.
JejuJoy
Thu Jul 18 2024
Grant Thornton, the appointed liquidators, have failed to return any funds to Cryptopia's customers despite the passage of considerable time.
Andrea
Thu Jul 18 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including spot trading, futures contracts, and digital wallet management.
ShintoSpirit
Thu Jul 18 2024
The liquidation process commenced in May 2019, following a significant hack that occurred on the exchange in January 2019.