Post
Topic
Board Service Announcements
Re: Cryptopia Cryptocurrency Platform Services and Development
by
JollyGood
on 08/10/2019, 11:00:17 UTC
If you regularly follows Cryptopia website, you probably saw the links to Updates from the Liquidators. The last update was from 20 August 2019, visit the link to see all details.


Disappointing that the updates are far and few between.

According to this recent article the liquidators have been reaching out to token developers.
https://decrypt.co/9996/cryptopia-calls-token-developers-help-return-hacked-funds

https://twitter.com/derekcapo/status/1176330232862846976

https://pbs.twimg.com/media/EFQ5W2hUEAEyDs-?format=png&name=large


I think after learning that investors will have to send their KYC before any portion (no matter how tiny) of their funds will be returned or allocated to them, many have just switched off as they have no faith in the system. There is an almost total distrust with the administrators and those two reasons are playing a big part in users just not expecting anything good to come out it.

Maybe if the announcements were more frequent things might be better but moral is low.