A Christchurch-based cryptocurrency exchange that suffered a devastating breach, will have to try to pay off its customers
A Christchurch-based cryptocurrency exchange that suffered a devastating breach, will have to try to pay off its customers
9 April 2020
Cryptopia had millions of dollars worth of digital currency stolen in a hack early last year.
The company's now in liquidation.
After lengthy debate - the High Court has ruled cryptocurrency counts as property under the Companies Act.
This means cryptocurrency owners will be counted as creditors during the liquidation process.
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