Cryptopia, a New Zealand based crypto exchange which has been in lockdown after being hacked in January, announces to reopen their site “as read-only” by March 4.
Moreover, it is said that both founders Adam Clark and Rob Dawson have returned to Cryptopia and “their focus will be to set a clear strategic direction moving forwards.” However, the exchange did not comment on the return of the founders any further.
Breaking almost two weeks of silence, the company announced on Wednesday that “worst case 9.4% of our total holdings was stolen” and they are “securing each wallet individually to ensure the exchange is fully secure when we resume trading.”
However, the company did not state when trading is expected to resume.
After this update, some of Cryptopia’s clients are grateful for the news:
We all know this has been a tough thing to deal with. Thank you for taking the time to figure things out and secure things. Hopefully we will all see better days ahead and everyone can recover from this and learn some hard lessons. I hope you are ready for the flood of traffic 🙂
Meanwhile, co-founder and CEO of blockchain analysis protocol and platform Elementus, Max Galka, told Cryptonews.com that a third wave of crypto wallets tied to Cryptopia exchange were emptied of around USD 30,000 – USD 40,000 worth of ether.
Dawson and Clark founded Cryptopia 3 years ago. According to Stuff, a NZ news outlet, the exchange has more than 1.4 million users. Dawson’s father, Pete Dawson, is currently the only director and a 5% shareholder of the company, the report said, adding that Cryptopia has 90 shareholders in total, while Clark, Rob Dawson and Intranel Consulting own 30%, 27% and 26% stakes respectively.