Analysis: Hackers Liquidated $3.2 Million in Tokens From Cryptopia Hack

Cointelegraph

Published Feb 08, 2019 03:45PM ET

Updated Feb 08, 2019 04:42PM ET

Analysis: Hackers Liquidated $3.2 Million in Tokens From Cryptopia Hack

$3.2 million in tokens stolen from New Zealand-based cryptocurrency exchange Cryptopia have been liquidated on major cryptocurrency exchanges, according to a tweet from blockchain analytics firm Elementus on Feb. 4.

The hack, which is seemingly the first major security breach of 2019, was announced by the platform on Jan. 15. The exchange said that the hack occurred on Jan. 14. Cryptopia initially told users it was undergoing unscheduled maintenance, issuing several updates before officially reporting the breach.

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