Keep in mind that these addresses have been externally tagged. When dealing with a hack the first thing that would have been logical to do is move funds into secure cold storage.
This could be a reason why the funds haven't moved.
Calling in the Authorities, securing all vulnerable or potentially exposed wallets, securing the forensic data, finding the cause and method used, securing backups, looking for further vulnerabilities, assessing the extent of the loss and assessing the damage to the site all has to be done before even contemplating re-opening the site. Even partial re-opening could result in further damage or loss.
It is really important the management of the site conduct a complete and thorough investigation of both the breach and to ensure that the site is fully secured.
Keep in mind that the media knows as much as is published on the police media release. The rest is speculation. They will ask questions to anyone that will talk. Those "experts" are totally unrelated to the site and have no real idea about what is going on.
DUMB things said in the news:
Most custodial exchanges hold users assets in cold wallets, which cannot be easily accessed. Smaller sites, like Cryptopia, may not be able to afford the same protection, making them targets for hackers.
I didn't realize it costs $ to have cold wallets. I know for a fact that Cryptopia holds substantial amounts in cold wallets.
Police have now stormed the office of a Christchurch cryptocurrency trader after millions of dollars worth of currency appears to have disappeared in a security breach.
Apparently Police in New Zealand storms buildings when a company calls them.
Some of the exchanges in New Zealand deliberately won't hold cryptocurrencies on behalf of people because they just become a target for hackers
I'd like to see a peer to peer exchange that holds no crypto currency on behalf of customers.
I really hope that they secure the forensic data and manage to catch the culprit. I hope the loss is not too substantial and that they have a thorough security review of all systems so when they re-open they are completely secure.
I know that due to the type of holdings I have on there I will have suffered losses. But I feel more sorry for the employees that currently unsure whether they still have a job.
If we assume that the hacker walked away with 30,000 LTC then it was $ 943,660 worth of lite coin, if it was all 145,619.2541 LTC as the wallet address suggests, then the amount is closer to six million dollars worth of LiteCoin:
LOST (STOLEN) FUNDS.Total Stolen (known) - $4,584,007.43
FROZEN FUNDSTotal Frozen (known) - $59.54 (in $USD) PLUS
Total Frozen (known) - BTC 372.54 ~ $1,374,342.07
Sources:
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