Quote from: DNotes on January 16, 2019, 07:11:31 PM

Quote from: corvo00x on January 16, 2019, 03:58:16 PM

Investigation involving crypto-currency company
Tuesday, 15 January 2019 - 9:50pm
National News

Police were advised late yesterday of an issue involving potential un-authorised transaction activity at the Christchurch based crypto-currency trading company Cryptopia.

A significant value of crypto-currency may be involved and Police are taking this very seriously.

We are currently talking to the company to gain a further understanding of what has occurred.

A dedicated investigation team is being established in Christchurch including specialist police staff with expertise in this area.

Police are also liaising with relevant partner agencies in New Zealand and overseas.

The investigation is still in its very early stages and police are unable to provide further information tonight

We expect to provide an update tomorrow.

ENDS

Issued by Police Media Centre.

Link: http://www.police.govt.nz/news/release/investigation-involving-crypto-currency-company

That is unfortunate and we wish them well regardless. Hopefully they can recover the lost funds. Just another reminder to only keep the coins you are actively trading on the exchanges, there is always some risk of loss.

It would appear that some of the funds have been sent to Binance accounts, which Binance then locked. Though we do not know how much of it has been recovered. Word is circulating that the total amount of stolen funds across all coins could be in the vicinity of 10M USD!

This event is exactly why we created the DNotes Vault 4 years ago, because exchanges that were holding large sums of DNotes were getting hacked or exit scamming, and so we created a cold-storage Vault that keeps our community-members' coins safe.