Cryptopia Hack Liquidated Over $3.2 Million Worth On Great Crypto Exchanges

The recent infamous hack on Cryptopia occurred on January 14, stealing over $16 million worth of Ethereum and ERC20 tokens.


Regarding this incident, New Zealand police along with some specialists worldwide are closely watching and investigating this issue. It seems a great help from cryptocurrencies giving a hand via its open nature on the blockchain.


On the other hand, analysts, as well as investigators, are successfully monitoring the stolen crypto funds. However, this has led to liquidating major digital exchanges worth $3.2 million of their stolen tokens.

Elementus is a blockchain analysis company which is staying close tabs following the Cryptopia hack. This announcement was made via Twitter regarding the liquidation of $3.2 million worth tokens on various crypto exchanges.

Do You Know About Cryptopia Hack?

Cryptopia is the New Zealand operating crypto exchange which recently experienced its first security breach of 2019. While the platform was under attack, Cryptopia inform their users about their undergoing maintenance which was not yet out. Simultaneously, they were issuing various updates prior to revealing the fact on January 15.

However, Elementus blockchain Analytics Company presents an array of data about the security breach. Initially, the hack results in the loss over $3.6 million of crypto, then Elementus comes with different info. According to this firm, the crypto community loses worth of $16 million.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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