Post
Topic
Board Speculation
Re: Cryptopia Hacked. Will BTC Crash?
by
figmentofmyass
on 20/01/2019, 22:21:17 UTC
It's  under maintance as of this moment and it's almost a week. Well, you know guys what that means. It means bye bye to your precious btc and altcoins there if you stored it there because the exchanges are surely  finalizing their magical exit.

i highly doubt this was a exit scam. cryptopia went straight to the police; that was publicized rather quickly. and as crappy as cryptopia was, it definitely had company equity worth more than the few million bucks the hacker got away with. an exit scam just seems illogical.

it might have been an inside job though (one or more employees trying to make it look like a hack). that's the perpetual fear with exchanges---there's a whole company of staff and directors who have much easier access to customer funds than outside hackers do.

the hacked amount appears low enough that a bailout by an angel investor is still possible.