Cryptopia Platform Resumes Work After Being Hacked
Cryptopia, a trading platform from New Zealand, which suffered a cyber attack in January 2019, announced the resumption of its website operation in read-only mode on Twitter.
Update: The read-only site is now live. The holding balance from the 14th Jan is pre hack and we will be using these holdings as a baseline for calculating rebates moving forwards.— Cryptopia Exchange (@Cryptopia_NZ) March 5, 2019
The company's customers have the opportunity to log into their accounts and check the amount of funds. They will be in the same state in which they were until the moment of the attack by crypto scammers. Subsequently, these figures will be taken into account when paying reimbursements to affected users.
Representatives of the crypto exchange urged customers to update passwords and information for two-factor identification. All other functions of the website are currently unavailable.
Cryptopia's statement about the soonest restoration of all funds should trigger optimism among the users. They should follow the announcements, all respective information will be published later.
Hackers managed to withdraw over $19 million in total from Cryptopia. According to the management of the exchange, no more than 9% of all funds were lost. Shortly after the attack, it turned out that fraudsters sent the stolen funds to the Binance trading platform, the head of the company Changpeng Zhao confirmed this on Twitter. Binance froze the accounts of scammers quickly.
New Zealand police officially announced the successful investigation of the case, although they could not name the terms of the crime disclosure. The cyber environment, in their opinion, is considered too private, and the inquiry can last quite a long time.