Hacked Cryptopia Crypto Exchange Assesses Losses

New Zealand cryptocurrency exchange Cryptopia reveals the estimated amount of losses incurred as a result of the January hack.

Since the cyberattack and the involvement of the police, the marketplace has not provided any information about the extent of the theft, citing investigative secrets. Just today on Twitter, the company announced that although analysts are still assessing the damage caused, even in the worst case, the fraudsters managed to steal no more than 9.4% of the total number of disposable assets. However, the site does not disclose the approximate amount in monetary terms..

According to third-party analysts, the losses from the hacking were about $ 16 million, but it is also known that hackers continued to control the platform’s systems even after the police were involved. During this time, they managed to steal almost 1.7 thousand more ethers..

After Cryptopia recorded a security breach, the company suspended its operations and immediately filed a complaint with law enforcement. Police say the investigation is progressing well enough, but due to the complexity of the cybercrime, it will take time to find those involved..

Hacked Cryptopia Crypto Exchange Assesses Losses

Recall that in Russia, cashing out cryptocurrencies was recognized as a way of money laundering.

text: Ivan Malichenko, photo: vybratpravilno

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