Cryptopia customers to get their coin back

Cryptopia customers to get their coin back
The failed exchange lost millions in a hack, though less than originally thought. (Image: DepositPhotos)
Ben Moore
Holders of accounts with failed cryptocurrency exchange Cryptopia will have until Dec 31 to prove what they had in their accounts if they want to see it returned.After a protracted legal process, Justice Matthew Palmer laid out how distributions would be paid from the holdings currently in trust, including how and when account holders will be expected to prove their balances.The Christchurch-based exchange was formed in 2014 but was placed into liquidation after millions of dollars were lost in a 2019 hack. However, Justice Palmer's ju...

More Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser
Finance

Matt Whineray to chair new FirstCape Group fund manager and adviser

The new entity aims to scale up advice and fund management services in NZ.

Staff reporters 23 Apr 2024
FNZ settles dispute with US executives
Finance

FNZ settles dispute with US executives

Adam Green and Steve Gross resigned on the same day late last year. 

Victoria Young 22 Apr 2024
Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA
Finance

Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA

Repeat offender Equitise facilitated two deals after it was deregistered last year.

Jem Traylen 17 Apr 2024
Central banks slowly winning war on inflation
Finance

Central banks slowly winning war on inflation

But policymakers remain wary of rising prices. 

Bloomberg 16 Apr 2024