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Cryptopia hack: liquidators to begin repatriation of assets to 900k account holders

Hacked crypto exchange Cryptopia’s assigned liquidator, Grant Thornton New Zealand shared an update that Cryptopia account holders will soon be able to register to claim their trapped crypto funds, which in total is worth nearly $100 million. The claims registration process is said to open by the end of the year, however, the release did not mention the exact date.  The liquidator stressed on the verification process of the claimants, in the release, with Grant Thornton planning to reach out to 960,000 account holders of the hacked exchange who are said to be active. Moreover, liquidators ensured that the steps involved…

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VeChain (VET) Inks Strategic Partnership Deal with Grant Thornton Cyprus

VeChain (VET) has announced the signing of a strategic partnership deal with Grant Thornton Cyprus. The alliance will enable the professional services network to take advantage of VeChain’s blockchain solutions to service the needs of its clients in various industries, according to a blog post on August 17, 2020. Grant Thornton Adopts VeChain (VET) VeChainRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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The VeChain Foundation Partners With Cyprus’ Grant Thornton

The VeChain Foundation recently announced a new partnership with Grant Thornton Cyprus which will allow it to bring blockchain technology to untapped industries. Cyprus becomes the new blockchain hotspot Cyprus is quickly becoming a hotspot for blockchain innovation in the world. The VeChain Foundation is now partnering with Grant Thornton Cyprus which may help them in establishing the industry further. According to a recent announcement from VeChain, the partnership is focused on bringing blockchain solutions to numerous industries. The Cyprus-based accounting and consulting firm will leverage its existing network of customers and tap into the food industry, logistics, pharmaceuticals, supply…

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Cryptopia Victim Sues Grant Thornton for Negligence of Duty

Cryptopia’s dissolution procedure is making waves once more. This time, a significant company creditor appears to be dragging its liquidators to court. Earlier today, GNY, a tech firm with a specific focus on artificial intelligence, filed a notice alleging that Grant Thornton, Cryptopia’s liquidator, had failed to comply with its fiduciary duties. No Transparency with Grant Thornton The company’s filing alleged that Grant Thornton had messed up handling the liquidation process, thus costing creditors their money. The notice of liquidators’ failure to comply with duties is the final step before filing a lawsuit, although there’s little proof that GNY’s suit…

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Cryptopia Hack Victim Prepares To Sue Liquidator Grant Thornton

A Cryptopia hack victim is preparing to sue the liquidator in question Grant Thornton as the tale’s extended liquidation is posed to see new legal action from the major token issuer as we are reading more in the latest crypto news today. Legal representation for GNY, the company that is focused on artificial intelligence and the issuer of LML, filed a notice to the liquidators’ failure to comply with the duties. Grant Thornton was accused of botching their handling of hacked and defunct cryptocurrency exchange Cryptopia. This notice is the final step before a lawsuit which will only add more…

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