• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Industry / The launch of Claims Portal to Help Cryptopia Account Holders Claim Trapped Funds
Cryptopia

The launch of Claims Portal to Help Cryptopia Account Holders Claim Trapped Funds

December 9, 2020 by Chayanika Deka

The journey of now-defunct cryptocurrency exchange, Cryptopia’s account holders following the security breach has not been an easy one. However, the aggrieved customers have been handed a boost this morning as the exchange’s liquidator, Grant Thornton revealed that the launch of the Cryptopia claims portal is all set to start the process of returning account holders’ property.

Grant Thornton official website stated,

“Please follow the instructions to register as an account holder. We are asking you to confirm certain details of your Cryptopia account so as to ensure that only verified account holders can register in the claims process. Given the sheer volume of emails sent, these emails will continue to be delivered through this week.”

This news follows the New Zealand branch of accountancy firm’s earlier comments wherein it described that the claims registration process was a “mammoth task,” and had asserted that it would open “by the end of the year”.

During the same time, the liquidators had also revealed that it would reach out to the 960,000 account holders through official channels, and would authenticate claimants’ identities and account information.

The Twitter crypto, however, was far from pleased. Responding to the latest update, a few users in Cryptopia’s original Twitter post alleged that they were unable to submit the verification form while others had issues with their password and username.

One of the users also tweeted,

Class action law suit against liquidators over leaked data breach. Ignored everyone for years now suddenly want to help… or they want you to tick that box allowing them to share data (already shared). Tick and you can’t make claim against them. Ignore this trickery

— Clean Up Tickets (@TicketsClean) December 9, 2020

This could be referred to the bizarre turn that Cryptopia’s liquidation process took earlier in November after which Grant Thornton issued a warning to the exchange’s account holders as the court staff at the Christchurch High Court mistakenly released the exchange’s customer data, which were highly confidential and sensitive, to an unauthorized third party which is called Cryptopia Rescue. Additionally, the Cryptopia Rescue project has made several allegations about Grant Thornton’s competence to conduct the Cryptopia receivership.

A glimpse of what exactly happened more than a year ago: In early 2019, Cryptopia fell victim to a security breach. The hackers managed to steal $11 million worth of digital assets from the platform. Despite attempts to re-open two months later, Cryptopia was forced into liquidation in May of the same year.

Filed Under: Industry, News Tagged With: Cryptopia hacks

Primary Sidebar

Recent Posts

  • Huobi co-founder to sell major stake worth over $1B? August 14, 2022
  • Ethereum rises to glory in BTC over last 8 months August 14, 2022
  • Cryptocurrency balance freeze of Vauld: Indian saga August 14, 2022
  • Vauld’s Legal Woes Mount After ED Freezes Assets Worth $46M August 12, 2022
  • XRP Rewards Programs Now In Japanese Shinsei Bank August 12, 2022

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2022 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.