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

Brand Post

Featured

Slideshows

Malwarebytes shoots the breeze with channel, prospects

Malwarebytes shoots the breeze with channel, prospects

A Kumeu, Auckland, winery was the venue for a Malwarebytes event for partner and prospect MSPs - with some straight shooting on the side. The half-day getaway, which featured an archery competition, lunch and wine-tasting aimed at bringing Malwarebytes' local New Zealand and top and prospective MSP partners together to celebrate recent local successes, and discuss the current state of malware in New Zealand. This was also a unique opportunity for local MSPs to learn about how they can get the most out of Malwarebytes' MSP program and offering, as more Kiwi businesses are targeted by malware.

Malwarebytes shoots the breeze with channel, prospects
EDGE 2019: Channel forges new partnerships during evening networking

EDGE 2019: Channel forges new partnerships during evening networking

Partners, vendors and distributors reconnected during a number of social gatherings during EDGE 2019. The first evening saw the channel congregate for a welcome party at the Hamilton Island yacht club, while the main poolside proved to be the perfect stop for a barbecue on the final night.

EDGE 2019: Channel forges new partnerships during evening networking
Show Comments