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Cryptopia has filed for protection against bankruptcy in USA

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Cryptopia has filed for protection against bankruptcy in USA

Image – chepicap.com

Cryptopia now seeks the protection of their clients in the USA and has filed for a bankruptcy protection for the information that is stored in the country.

 The exchange previously was hacked in this year and lost around 16 million dollars. This New Zealand based exchange entered liquidation earlier this month and appointed two consultants to handle every legal proceeding that will be undergone.

The SDNY, Southern District of New York Bankruptcy will be seeking acknowledgment of the New Zealand liquidation in the USA. The Cryptopia’s liquidator noted that they took various steps in preserving the Cryptopia’s information which is stored on the servers with the Arizona based business.

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