Home / Tech & Mobile / ‘PLEASE NO MORE DEPOSITS,’ begs dying shitcoin manufacturing unit Cryptopia

‘PLEASE NO MORE DEPOSITS,’ begs dying shitcoin manufacturing unit Cryptopia

It appears some overzealous cryptocurrency merchants didn’t get the memo that alternate service Cryptopia is shutting down – they usually’re nonetheless making an attempt to make deposits to the platform.

In a tweet earlier right now, the embattled alternate warned customers to not ship funds to the buying and selling platform. The message was written in all caps, so you already know they meant it.

It’s odd the alternate hadn’t blocked deposits – particularly because it’s going out of enterprise.

For these new to the Cryptopia drama, the New Zealand-based alternate announced it is closing doors and halting all buying and selling in a publish on Wednesday, Might 15. The corporate additional added it has already appointed liquidators to maintain its remaining property.

The explanation for the shutdown was a debilitating hack, which happened in January and price Cryptopia $16 million in stolen funds. Though the alternate briefly resumed trading in March, it appears it couldn’t pull via the monetary struggles attributable to the assault.

“Regardless of the efforts of administration to cut back price and return the enterprise to profitability, it was determined the appointment of liquidators was, in one of the best pursuits of consumers, workers and different stakeholders,” Cryptopia mentioned in its farewell announcement.

Sadly, chances are high the liquidation course of will drag on for some time, which implies customers might need to attend to reclaim any cash they held on the platform.

Anyway, you higher discover one other alternate to gambl… I imply commerce – Cryptopia is not offering that service.

Printed Might 16, 2019 — 10:09 UTC



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