Digital asset exchange Cryptopia has been given the green light to open again after New Zealand police announced they have almost completed their investigation at its offices. The crypto trading platform suffered a security breach last month when, according to one estimate, as much as $16 million worth of cryptocurrency was stolen.
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Management Granted Access to Their Offices
According to law enforcement officials, Cryptopia can now reopen at any time. “We have finished the main part of the work required by the High Tech Crime Group at Cryptopia’s business premises, although HTCG staff remain there finishing up aspects of their work,” detective inspector Greg Murton said, quoted by The New Zealand Herald.
Murton further noted that Cryptopia management have been granted full access to their facilities and business premises. He also stressed that the “investigation is not preventing their business from getting up and running again.” The inspector declined to indicate whether or when authorities might lay any charges in the case.
The exact amount of cryptocurrency presumably stolen in the heist remains unknown and Greg Murton refused to comment on the matter. Experts from data company Elementus believe the digital coins, comprising ethereum and ERC20 tokens, are worth up to $23 million NZ dollars (almost $16 million), which is much more than initial estimates following the news of the hack in mid-January.
Cryptopia Cooperates With the Investigation, Police Say
A report from the end of last month suggested that the attack continued even after investigators arrived at the offices of the Christchurch-based exchange. However, Murton refused to comment on these claims or discuss the suggestion that a portion of the stolen
