Defunct cryptocurrency exchange Cryptopia cautioned it will take “some months a minimum of” to determine how to return tokens owed to its users.

Cryptopia administrators have actually likewise asked for “immediate interim relief,” which they state is crucial to preserve a single SQL database that shops all of its users’ private account holdings and contact information.

” Without this info, fixing up private holdings with the currencies held by Cryptopia will be difficult,” checks out a declaration published early Monday.

Hackers required Cryptopia offline in January after they drained pipes $16 million in digital properties from its functional wallets. Following a stopped working relaunch, the exchange lastly started the liquidation procedure with Grant Thornton New Zealand previously this month.

Extremely, Bloomberg just recently reported that liquidators were fretted all of its information might be overwritten or lost unless Cryptopia pays an eye-watering $2 million to the business that hosts it, an Arizona-based web services company.

” This would be possibly disastrous for the liquidators and account holders,” one liquidator informed Bloomberg; the liquidator then validated that none of $16 million in tokens taken had actually been recuperated up until now.

Released May 27, 2019– 14: 29 UTC.