Cryptopia liquidators start legal steps to distribute currency to 2.2 million users

Cryptopia liquidators start legal steps to distribute currency to 2.2 million users
The liquidators have worked to secure, reconcile and administer the cryptocurrency held on trust for account holders. (Image: Depositphotos)
Riley Kennedy
Liquidators of collapsed crypto exchange Cryptopia have started the court process that will see the currency it holds distributed to its account holders.The Christchurch-based exchange was formed in 2014 but fell into the hands of liquidators in 2019 after being hacked and the losing of millions in cryptocurrency.When it collapsed and Grant Thornton’s David Ruscoe and Russell Moore came in as liquidators, the exchange had 2.2 million registered users worldwide and 37 staff.High court judge David Gendall ruled in 2020 that cryptocurrency m...

More Law & Regulation

Eric Watson gearing up for more court action
Law & Regulation

Eric Watson gearing up for more court action

Watson says he would continue to stand firmly on his position. 

Eric Watson’s bid to stop insider trading charges thrown out
Law & Regulation

Eric Watson’s bid to stop insider trading charges thrown out

US regulator to continue its case against Eric Watson. 

Denise McNabb 02 Jul 2025
Foodstuffs NI warned by ComCom over supplier treatment
Retail

Foodstuffs NI warned by ComCom over supplier treatment

It obstructed a supplier request, says Grocery Commissioner.

Staff reporters 02 Jul 2025