Post
Topic
Board Service Announcements
Re: Cryptopia Cryptocurrency Platform Services and Development
by
somebody else
on 20/02/2019, 12:36:51 UTC
From Cryptopia twitter,  Feb 14 2019:

"Update: The police have now given us access back to our building, while they continue their investigations. Our staff are working relentlessly to evaluate the funds that were stolen."

They are doing evaluation. For me that is measuring, calculating USD values of stolen coins.

USD value of stolen coins at this 1 year bear market is minimal. No matter how much we paid for our coins, that current value of stolen coin at the 1 year bear market is minimal or close to it.

That could mean, Cryptopia's obligations to us, to their clients, measured in USD in such bear market is very likely quite minimal.

If we can't get our coins or funds (remaining) that could mean: our losses or missed opportunities could very likely become maximized in this bear market, and Cryptopia's obligations to us could very likely become minimized.

In the eventual court proceedings we have to ask for preventing the clearance sale of our funds.