We understand that Cryptopia stakeholders are keen to hear what progress has been made on the liquidation process since appointment. Updates from the Liquidators can be found at:Legal directions Directions hearing update
The directions hearing mentioned in the legal directions update below has now been rescheduled to the 11-14 February 2020 at the Christchurch High Court.
In preparation for this directions hearing, we have uploaded all current affidavits and submissions related to these proceedings. These can be found at the below.
The liquidators have applied to the High Court of New Zealand for directions regarding the legal status of customers’ holdings and the ability to hold Cryptocurrency on trust. The Liquidators have asked the Court to appoint two Queen’s Counsel for these proceedings.
The Court has approved the Queen’s Counsel appointment. The Court orders in regards to this can be found at the link below:Court Orders as to Representation and service
These should be read in conjunction with the following documents;Notice to Creditors Re Application Originating application with hearing date Affidavit of David Ian Ruscoe Interlocutory application Memorandum of counsel Where to go for updates
We appreciate that Cryptopia customers want to know where the process is at and what it means for them and understand the concern they feel. While we are working as fast as we can to resolve the situation as we do not have answers to many customer questions at this stage.
Given the volume of correspondence we regularly receive, we cannot reply to individual correspondence. However, we will continue to provide updates via the Cryptopia website, Twitter and Facebook pages.First liquidators’ report on Cryptopia released today
31 May 2019
The liquidators for Christchurch-based crypto exchange, Cryptopia released...