Cryptopia Hack Totals $16 Million

A report by Elementus provides further insight into the losses from the recent Cryptopia hack. Losses are now thought to be in region of $16 million. The hack included the theft of Ethereum (ETH) and ERC20 tokens.

As the hack was carried out over a long period of time, multiple accounts and laundered through various channels, there is no confirmed figure of total losses. Tracing the assets has also been challenging.

The report from Elementus breaks down the losses per digital asset:

Digital AssetUSD Amount
Oyster Pearl$1,948,223
Lisk ML$1,718,610
Other tokens$3,051,709

If you have any Ethereum, ERC20 tokens or other assets on Cryptopia, you should immediately look to withdraw them. It is unclear whether the hackers have further private keys which they can exploit to withdraw further assets from Cryptopia wallets.

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