Shitcoin factory Cryptopia owes over $3M to creditors, staff, and hodlers

Liquidators of now defunct cryptocurrency exchange Cryptopia have revealed that it owes investors, creditors, and staff a total of over $3 million. Grant Thornton New Zealand published its first liquidators report earlier today which outlined that creditors are owed a total of $2.78 million. Staff are also owed $384,000 for unpaid salaries, holiday pay, and other unclaimed expenses. Creditors fall into one of two categories, secured or unsecured. There are two secured creditors affected by Cryptopia‘s collapse, Dell New Zealand Ltd and Coca-Cola Amatil (NZ) Ltd. These companies are owed a total of $912,000. As it stands, there are 69…

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