New Zealand authorities warn consumers to avoid Trade99
The country´s financial regulator believes the company is operating a digital currency-based scam.
Latest New Zealand News
New Zealand contemplates not charging GST on crypto transactions
A change in the tax rules could avoid double taxation currently found with some crypto activity.
Cryptopia liquidator reveals pre-hack ‘compliance issues’
New Zealand-based crypto exchange Cryptopia was likely in breach of its compliance obligations in the run up to being hacked.
Cryptopia liquidator reclaims $5M amid efforts to identify crypto owners
Grant Thornton New Zealand spelled out the difficulties that remain in identifying the ownership of the cryptocurrency.
Police seize $4M in crypto in New Zealand movie piracy crackdown
New Zealand police nabbed over $4 million in crypto from a software developer who operated an illegal movie streaming site
Cryptopia publishes update on reimbursements, reconciliation
Earlier this year, the Cryptopia cryptocurrency exchange in New Zealand was hit by a massive attack that reportedly saw it lose $15 million in held funds.
ASB bank invests in blockchain startup TradeWindow
TradeWindow looks to reduce costs by creating a more efficient platform to share information on.
New Zealand allows employees to receive salary in cryptocurrencies
New Zealand has revised its tax laws to allow employeers more freedom in how they pay employees.
Cryptopia liquidators beg for user data as more dirt is unearthed
Cryptopia’s role as an exchange for the desperate is becoming clear as its liquidators beg the U.S. to help them out.
Founder of defunct exchange Cryptopia pops up with a new platform
The new exchange, known as Assetylene, has been developed by Adam Clark—the founder and lead programmer behind Cryptopia.
Another blow to Cryptopia users as exchange is unlikely to reopen
Customers of the debt-ridden New Zealand exchange will have to wait until the investigation into the hack is completed before they can get their assets back.
Critical hack pushes Cryptopia exchange over the brink of liquidation
New Zealand-based Cryptopia is closing after filing for bankruptcy, several months after the crypto exchange was hit with a $15 million hack.