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Analysis: Hackers Liquidated $3.2 Million in Tokens From Cryptopia Hack

Published 02/08/2019, 03:45 PM
Updated 02/08/2019, 04:42 PM
Analysis: Hackers Liquidated $3.2 Million in Tokens From Cryptopia Hack

$3.2 million in tokens stolen from New Zealand-based cryptocurrency exchange Cryptopia have been liquidated on major cryptocurrency exchanges, according to a tweet from blockchain analytics firm Elementus on Feb. 4.

The hack, which is seemingly the first major security breach of 2019, was announced by the platform on Jan. 15. The exchange said that the hack occurred on Jan. 14. Cryptopia initially told users it was undergoing unscheduled maintenance, issuing several updates before officially reporting the breach.

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