I dont know JollyGood , i just posting the News or any Updates here when i get or have some from the Liquidators.
The Law from New Zealand is a bit different as from other countries and as far as i know with Cryptopia its the first Crypto related liquidation case.
Maybe there are some holes in the Law that we dont know and the Liquidators know them , but thats just a guess.
It is vital that anybody posts any news as soon as they hear about it because there are many Cryptopia victims and there are many observers that would like to see this matter closed after victims have been made whole (or almost whole).
It's not like anyone was going to be made whole because Cryptopia gave everyone everyone a haircut before going into Liquidation which was something like 15%-20% of your balance converted into an IOU token.
But all things considered I'll be fine once they cash me out. I guess I turned 1.1 BTC into 0.8 BTC - whatever. The real loss is the equity you kept in the company (which they allowed you to convert into saleable tokens long before liquidation) is 100% gone.
How many victims would be upset if they were receiving payments based in USD$ value at the rate calculated today? If they are unable to receive their exact funds from each crypto, I am sure with Bitcoin within touching distance of $100,000 they would not mind if the alternative would be to receive payments based on rates when Cryptopia collapsed. I hope you and other victims receive exactly what you hoped for.