Hey guys, just a reflexion here.

In the case of Mt Gox the only asset the exchange had was BTC and $
So they sold the BTC to return to people that lost their money based on $.

In the case of Cryptopia, only people that had coins that were "stolen" are at lost.
The other clients shouldn't be impacted.


Why the liquidator would sell my "not'hacked" balance of coins to pay me back a lesser amount for something that didn't happen to me?


Example with "storage units",
I have a storage unit, I Store a valuable car inside.
The company that manages the units goes under (let's say storage king USA).
The liquidator is not going to open my storage unit to sell my car to pay the debts of the company.
However, the liquidator will sell the assets owned by the company to repay creditors.



What do you think ?

I'm in Christchurch and my wife is a lawyer I will be digging this a little bit more over the weekend.
Thanks