Incident Overview
A former employee of the now-defunct Cryptopia exchange allegedly stole more than 250,000 New Zealand dollars (US$182,300) of cryptocurrency and customer data from Cryptopia. However, the New Zealand authorities managed to recover the stolen funds and return them to Cryptopia's liquidator Grant Thornton. The man explained in detail how he stole the funds. He said that he unauthorizedly copied the private keys belonging to Cryptopia's many wallets and saved the data on a USB storage device. Then he uploaded the data to his personal computer at home. This allows him to use thousands of wallets and more than 100 million U.S. dollars in various cryptocurrencies.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.