Good day XDNA community!

Useful information for everyone who suffered as a result of hacking the Cryptopia exchange.

Today, 8 April 2020, Justice Gendall delivered his judgement finding firstly, cryptocurrencies are “property” within the definition outlined in s2 of the Companies Act 1993 and secondly, that account holders' cryptocurrency were held on multiple trusts, separated by individual crypto-asset type. This means that the cryptocurrencies are beneficially owned by the account holders and are not assets of the company.

Read the full judgement here: https://bit.ly/3c1tbMx

We will try to keep you updated on the news.