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Cryptopia Crypto Exchange Liquidators Open Process for Creditor Claims

Published 05/31/2019, 07:20 AM
Updated 05/31/2019, 08:41 AM
© Reuters.   Cryptopia Crypto Exchange Liquidators Open Process for Creditor Claims

Cryptopia, the now-defunct New Zealand exchange, just released the first of a series of reports based on the discoveries of the liquidators from Grant Thornton New Zealand. For now, the liquidators have only set a tentative number on the potential demands of creditors, expecting claims to increase the total in the near future.

The liquidators have pointed to a list of secured creditors, including the employees of Cryptopia. The former staff has claims to $320,000 in salaries, with additional claims from counterparties offering web-based services and security...

This article appeared first on Cryptovest

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