Menu
Police storm Cryptopia office amid security breach lockdown

Police storm Cryptopia office amid security breach lockdown

Senior investigators flying down to Christchurch from Wellington

Credit: Dreamstime

Police have locked down the office of Cryptopia following a security breach at the Christchurch-based crypto-currency trading company.

According to Stuff, “some staff gathered in the upstairs car park as others were questioned by police”.

The move comes as news emerges that millions of dollars worth of currency has disappeared as a result of the breach, which was first reported to authorities by the company on 14 January.

“We are unable to update anyone at the moment as it’s now a police matter,” wrote Cryptopia, via social media. “We cannot comment as this matter is now in the hands of the appropriate authorities.”

Stuff has also reported that senior investigators are flying down to Christchurch from Wellington, to assist police in dealing with the situation.

According to Cryptopia, once the issue was identified by staff, the exchange was placed in maintenance mode while the damage was assessed.

As reported by Reseller News, Police maintain that the investigation is still in its “very early stages”, with an update expected to be provided on Wednesday.

Since reporting the breach, a number of Kiwis have responded to the news via Twitter, with a mixed response so far.

Established in 2014 by founders Rob Dawson and Adam Clark, the crypto-currency exchange has over two million global users, facilitating deposits, trading and withdrawals of major coins.

Cryptopia also claims to have access to “dynamic charts, live coin information, world class service and the world's largest range of coins”, according to the company’s website.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Cryptopia

Featured

Slideshows

The making of an MSSP: a blueprint for growth in NZ

The making of an MSSP: a blueprint for growth in NZ

Partners are actively building out security practices and services to match, yet remain challenged by a lack of guidance in the market. This exclusive Reseller News Roundtable - in association with Sophos - assessed the making of an MSSP, outlining the blueprint for growth and how partners can differentiate in New Zealand.

The making of an MSSP: a blueprint for growth in NZ
Reseller News Platinum Club celebrates leading partners in 2018

Reseller News Platinum Club celebrates leading partners in 2018

The leading players of the New Zealand channel came together to celebrate a year of achievement at the inaugural Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months, with more than ​​50 organisations in the spotlight.​​​

Reseller News Platinum Club celebrates leading partners in 2018
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP has honoured its leading partners in New Zealand during 2018, following 12 months of growth through the local channel. Unveiled during the fourth running of the ceremony in Auckland, the awards recognise and celebrate excellence, growth, consistency and engagement of standout Kiwi partners.

Meet the top performing HP partners in NZ
Show Comments