Yes, I saw this news and I am disappointed that such a large stock exchange that previously was in the top went bankrupt, but unfortunately no one is immune from this and this often happens with exchanges, but in such cases usually the stock exchanges have reserve funds and we will watch the situation to hope for the best.
Obviously, the hack took a toll on this exchange that's why Cryptopia really had to shutdown it's operation. I guess it's the nature of this business, if you don't have funds to cover the losses, then liquidations will be the next thing to do.