Will Justin Sun and CZ give a helping hand to Cryptopia?

16 May, 2019
by Joeri Cant
Exchange
Will Justin Sun and CZ give a helping hand to Cryptopia?

A London-based veteran crypto trader is sending out an 'SOS' message to Binance CEO, 'CZ', and TRON founder Justin Sun, hoping they would consider giving a helping hand to the 2,000,000 Cryptopia investors.

Following the latest announcement that recently hacked cryptocurrency exchange Cryptopia has gone into liquidation, the London-based crypto trader, who goes by the Twitter handle, Mr. Coins, was wondering if both CZ and Justin Sun could assist in negotiating a buy out of the New Zealand cryptocurrency exchange.

The veteran forex trader who discovered Bitcoin in late 2013, said that the ongoing Cryptopia debacle would impact about 2 million investors, and is seemingly hoping for CZ and Justin to step in, and 'help crypto out for a relatively small sum', and this 'before the ship sinks completely'.

Mr. Coins hopes for CZ to speak to the Cryptopia administrators and negotiate a buy out, while pointing out that Justin Sun was very willing to help out Binance with offering $40 million, when it suffered a similar hack just recently.

'If he’s looking for an exchange to save, Cryptopia New Zealand needs a fraction of that help now.' the trader said. 'How about it?'

In the January hack, around $16 million worth of cryptopcurrency was stolen from the exchange. Cryptopia went offline for months, and reopened again mid-April.

Now, the company says that 'despite the efforts of management to reduce cost and return the business to profitability, it was decided the appointment of liquidators was, in the best interests of customers, staff and other stakeholders.'

So, how about it? Should CZ and Justin step in and save the 'New Zealand day'? Let us know in the poll below.

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Poll

Schould CZ and Justin Sun help out Cryptopia?

(31 votes)

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