Cryptopia Liquidation: Hacked Bitcoin Exchange Didn’t Use Individual Customer Wallets

Grant Thornton, the liquidators of hacked New Zealand Bitcoin exchange Cryptopia, have released an update on the progress made thus far. Cryptopia Used Co-mingled Crypto Wallets According to a statement released on its website on Wednesday (August 21, 2019), Cryptopia didn’t use individual crypto wallets. Instead, the Bitcoin exchange platform pooled customer funds into co-mingled coin wallets. Thus, the liquidators are facing a difficult time determining the amounts held by customers. Furthermore, Grant Thornton saysRead MoreThe post Cryptopia Liquidation: Hacked Bitcoin Exchange Didn’t Use Individual Customer Wallets appeared first on Bitcoinist.com.