"The compensation for the Cryptopia hacker case has been settled, and the $225 million compensation is a record high in the history of cryptocurrencies!"
The victims of the Cryptopia hack in 2019 finally saw the light of day! Liquidation company Grant Thornton confirmed that more than 10,000 verified account holders have received compensation for crypto assets, including Bitcoin, Dogecoin, etc., with an initial total of more than $225 million. This is a major progress in resolving one of the most notorious hacker cases in the crypto field.
Since the launch of the claims portal in 2020, liquidators have spent several years reviewing nearly one million accounts and transaction records to ensure that the compensation is in line with the court's ruling. It is worth noting that this is just the beginning, and there are still plans for additional distributions in the future, and users who have not completed their claims will still have the opportunity to recover their assets.
Looking back on the painful past and looking forward to a hopeful future
The former New Zealand crypto pioneer Cryptopia was hacked in 2019, with a loss of up to $16 million, becoming a warning case for the industry. Now that the compensation has started, it not only brings some comfort to the victims, but also establishes a positive sample of crisis response for the crypto market.
If you lose money, you will get it back, but if you lose confidence, you will lose money! Follow Mr. Qiu to get more in-depth market insights, so that you can move forward steadily in the ups and downs of the crypto world.
