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Court approves $5m sale to fund Cryptopia liquidation costs

Liquidators David Ruscoe and Russell Moore estimate monthly costs of about $350,000.

A High Court judge has approved the sale of about $5 million of cryptocurrency to fund the liquidators’ work in winding up failed crypto exchange Cryptopia, despite opposition from four account holders who argue the liquidators may have mismanaged the process.

The extra funds come as total

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Court approves $5m sale to fund Cryptopia liquidation costs
Law,
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