{"id":145261,"date":"2024-12-21T15:00:55","date_gmt":"2024-12-21T13:00:55","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145261"},"modified":"2024-12-20T18:27:39","modified_gmt":"2024-12-20T16:27:39","slug":"cryptopia-liquidators-begin-distributing-225-million-to-affected-users-after-2019-hack","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cryptopia-liquidators-begin-distributing-225-million-to-affected-users-after-2019-hack\/","title":{"rendered":"Cryptopia Liquidators Begin Distributing $225 Million to Affected Users After 2019 Hack"},"content":{"rendered":"

Grant Thornton, the firm handling the exchange\u2019s bankruptcy proceedings, announced<\/a> <\/strong>that it had initiated the distribution of over 400 million New Zealand dollars (approximately $225 million) to more than 10,000 verified users who lost funds during the breach.<\/p>\n

The hack, which drained around $16 million in various cryptocurrencies, led to the exchange\u2019s eventual collapse. Since then, Grant Thornton has worked to distribute the assets recovered through the liquidation process, which was formalized with the launch of the Cryptopia claims portal in 2020. The initial payouts were made in Bitcoin and Dogecoin, with plans to extend further distributions in the near future.<\/p>\n

As the process moves forward, Grant Thornton has outlined that more funds will be allocated to verified users in the coming months. The liquidation team has also noted that any unclaimed assets from users who failed to register for the claims portal will be used to boost payouts, potentially ensuring that all eligible users can receive up to 100% of their initial losses.<\/p>\n