New Zealand based cryptocurrency exchange Cryptopia has been hacked and it could be out several million dollars in assets. Reports of over 19,000 ETH being transferred soon before the exchange shut down put the losses north of $2.5 million. Right now it seems that the exchange will be shut down from Jan 14th to Jan 18th with it hopefully opening shortly afterwards. It is not known what will happen to user’s fund or if the exchange will attempt a “clawback” from existing users. The police are there investigating right now and hopefully will have updates shortly.
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