Cryptopia: the funds gone missing have been traced
Cryptopia: the funds gone missing have been traced

Cryptopia: the funds gone missing have been traced

By Alfredo de Candia - 24 Oct 2019

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A few hours ago, the Swiss company Sooho published a report analysing all the movements of funds that had gone missing in the wake of the attack on Cryptopia, which resulted in the loss of several million dollars from the platform. 

As is well known, the funds were about 30,000 ETH, which were manually and meticulously moved to different wallets and to different exchanges, with the very intention of liquidating them.

In fact, in all these months, several companies have monitored the address responsible for the hacker attack: only last month were the funds deposited, in part, on the Yobit exchange, precisely on September 22nd and 23rd.

In addition, part of the disappeared funds have also arrived on EtherDelta and the rest is still in several wallets, ready to be moved again:

  • Yobit: 1420 ETH:
  • EtherDelta: 9000 ETH;
  • Over 17000 ETH here;
  • Over 3500 ETH here.

Above are thus reported all the addresses of the wallets that need to be monitored, because once this information is available, an exchange has the power to freeze funds and try to compensate various users, something that Huobi has done with the funds that have landed on its exchange.

Because of this attack involving funds gone missing, but also because of others in the past, Cryptopia was forced to close and go into liquidation, compensating customers.

Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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