Cryptopia has repaid 10K verified account holders with NZD 400 million in cryptocurrency.
A top-up distribution plan allows users to recover up to 100% of their holdings from unclaimed assets.
The New Zealand-based cryptocurrency exchange, Cryptopia, has initiated the reimbursing process after years of liquidation proceedings. The liquidating firm of the exchange, Grant Thornton, has begun the distribution of recovered assets to verified account holders.
In the initial phase, more than 10K users have received approximately NZD 400 million ($224.9 million) in cryptocurrencies, including Bitcoin and Dogecoin. The liquidators went through a cautious process to rebuild the exchange’s database and verify the transaction records for nearly 960,000 users.
The liquidators conducted a comprehensive verification to ensure the accurate and fair distribution of assets. Additionally, the account holders were advised to register their claims through the official portal to particip
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