Bitcoin.com Exchange Reveals Role in the Cryptopia Rescue Group
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Currently, the Cryptopia Rescue team is working to connect with as many account holders as possible. The plan is to do everything possible to provide the best resolution to Cryptopia’s former customers. Since launching on September 2, 2019, the premier Bitcoin.com Exchange has provided customers with a professional trading engine combined with top-of-the-line security practices.
The world-class trading platform, Bitcoin.com Exchange announced it’s participating in the Cryptopia Exchange rescue consortium in order to help redistribute coins to customers. Bitcoin.com’s trading platform will provide an exchange environment in order to bolster the Cryptopia Rescue redistribution plan.
“We take this role very seriously within the consortium,” Chaudhry stressed. “[Bitcoin.com Exchange] will do everything we can as a united group to provide the best-in-class platform to redistribute Cryptopia account holders their coins via our exchange,” he added.
The liquidator was proposing to write off more than 50% of the coin holdings. In our alternative plan, we have established a relationship with Bitcoin.com to provide an exchange environment to emulate the Cryptopia model so that all coins can be redistributed.
When the Cryptopia Exchange trustee completes the claim approval process and selects a distribution date, a provided payout support plan for distribution may be added. Customers that have any questions or issues with the Cryptopia claim process will need to contact Cryptopia support.
Bitcoin.com Exchange has joined a consortium called the “Cryptopia Rescue” program, and it will produce a platform to distribute coins to Cryptopia Exchange Account Holders. The group formed in order to create a class action against the Liquidator, Grant Thornton.
Speaking about joining the Cryptopia Rescue effort, Danish Chaudhry, CEO of Bitcoin.com Exchange explained the exchange team looks forward to helping the crypto community.
The post Bitcoin.com Exchange Reveals Role in the Cryptopia Rescue Group appeared first on Bitcoin News.
- The Cryptopia trustee is independent of Bitcoin.com Exchange.
- Claim information is stored only on the trustee’s servers, not on Bitcoin.com Exchange’s servers.
- Claim information is private between clients and the trustee.
- Bitcoin.com Exchange is not involved in approving or denying claims.
- Bitcoin.com Exchange does not determine when claims are distributed.
Victor Cattermole, a Cryptopia Rescue spokesperson said:
There are five limitations Cryptopia Exchange Account Holders need to take into account.
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