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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Former-Cryptopia Employee Pleads Guilty Stealing Over $171K in Crypto

A former male employee stole over $171K in cryptocurrencies from a liquidated New Zealand-based crypto exchange Cryptopia. The defendant has pleaded guilty, will be sentenced in October.

by Mervyn Kwan
Jul 05, 2021

CRYPTOCURRENCY

Former-Cryptopia Employee Pleads Guilty Stealing Over $171K in Crypto

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