Categories: Ethereum

NZ Police Allows Cryptopia to Resume Operation, It’s Still Offline

Click here to view original web page at

New Zealand police have given permission to the hacked cryptocurrency exchange Cryptopia to resume its operations, according to a February 13 New Zealand Herald report.

According to detective inspector Greg Murton, the High Tech Crime Group of the NZ police department has finished primary aspect of their work at Cryptopia office and has handover the control of the premises back to the exchange’s management.

Asia Trading Summit – The Leading Investment Event in China

“We have finished the main part of the work required by the High Tech Crime Group at Cryptopia’s business premises, although HTCG staff remain there finishing up aspects of their work,” Greg Murton told the publication.

“Cryptopia management have full access to their facilities and business premises and the Police investigation is not preventing their business from getting up and running again,” he added.

Cryptopia, however, did not resume its operations as its website is still offline, as of press time.

Suggested articles

The FX Global Code – Is Self-Regulation the Future of the Industry?Go to article >>

According to the New Zealand Herald, the founders of the exchange did not respond to queries about when or whether the exchange will resume operations. The company’s social media is also silent since January.

Murton, however, denied disclosing the details of the investigations and did not confirm if the investigation team is going to press charges against the exchange. He also declined to reveal whether the police found out the exact amount of cryptocurrency stolen by the hackers.

The Hack

On January 15th Cryptopia announced that a “significant” amount of cryptocurrencies were stolen from the exchange, saying that the New Zealand police is investigating the matter.

The exchange did not reveal the exact amount involved in the heist. However, many blockchain analysis firms started to come up with estimates of the stolen amount. According to an estimation of Elementus, $16 million worth of Ethereum and ERC-20 tokens were stolen, which were being dumped on other exchanges to cash out.

Another report claimed that the hackers continued to siphon $175,000 worth Ethereum tokens days after the breach was reported.

A week ago, the NZ police, in an official statement, updated that they are making “ excellent progress” in the investigation before pointing out that the complexity of the case might force the department “to take a considerable amount of time to resolve.”

According to detective inspector Greg […]


Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Bitcoin Is Up Against An Extremely Important And Powerful Resistance Zone On The Monthly Chart: The Kijun-Sen (Base Line)

We can identify the price action causes of why price is finding it difficult to move higher by analyzing longer… Read More

43 mins ago

BTC ATM goes missing and no one notices

When you think of thieves stealing an ATM, the mind jumps to the idea of an exciting crime. Maybe there’s… Read More

43 mins ago

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits

Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark… Read More

43 mins ago

Researchers Concur Current Bitcoin Market Cycle is Only Just Beginning

Bitcoin price cycles can be influenced by a number of factors, FOMO and public sentiment is one, and mining profitability… Read More

43 mins ago

Hopes for Bitcoin as China’s Renminbi Drops to 11-Year Low

A recent plunge in the bitcoin price is looking to negate some of its losses as China’s currency weakens to… Read More

43 mins ago

Why Bitcoin Rules in the ‘Insane’ World of Negative Interest Rates

Central banks around the world are on a negative rate binge to further a compelling case for bitcoin.. | Source:… Read More

44 mins ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More