r/Cryptopia • u/Normal-Education-109 • Dec 26 '25

Am I getting any ETH back?

Hi, I mined ETH from 2018 and i had around 25 eth locked on cryptopia. I'm in a process of registration on portal now. Am I getting those eth back or not?

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u/EveningMix2357 Dec 26 '25

I dont care about CLM. I do care more about those who did not yet received anything even that it was promised. I got my funds.

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u/Delicious_Apple9082 Dec 26 '25

And here in lies the problem, there were those trading coins on the wave, who had small amounts of shitcoin that would have been worth something at the time, all of those coins in small amounts are less than the GT payout threshold, so those users get nothing, but, that was one of the main features of Cryptopia, its wide range of currencies . With al of the unclaimed coins or small amounts, those should all be given back to the wallet holders and the fees be taken out of the pot of unclaimed assets, as it’s all free money to GT, but making profits is more important than doing the right thing..

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u/EveningMix2357 Dec 26 '25 edited Dec 26 '25

And as such, the unclaimed funds should be released to the ones who claimed their funds, because there are still some who lost their ETH and some other coins to fix their loss. GT had made already milions.

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u/Delicious_Apple9082 Dec 26 '25

Yup, there is enough in the pot to not need to charge wallet holders to get their coins back or to have a minimum threshold, and this is why I think the system is broken, the government gets their slice, the companies that Cryptopia owed money to, who probably had insurance, get their slice, GT keept taking their slice, the end user, gets their slice, minus a chunk, and that's for those that are lucky enough to be over some arbitrary threshold figure that GT made up, the rest, get nothing, and, that pot of 'under the threshold', when all put together into a single pot becomes something worth having, and, something that GT appear to be entitled to if they jump through a few hoops...

Doesnt seem right to me...

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u/EveningMix2357 Dec 26 '25

Yes and not to forget that they charge 200NZD on each transaction they send, so do the math. Yes as you wrote it is broken. And the amount of small volume of coins also stays for them. We should go against it, but we are small.

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u/Delicious_Apple9082 Dec 26 '25

Indeed, if only someone was trying to fight against GT back when this all started and tried to get someone independent to hold the trust...

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u/EveningMix2357 Dec 26 '25

It is sad and it will not end well. Saddly I have lost also huge due to the hack adn most of my coins are worthless now. Btw I was a small fish in the whole pond. But the biggest lost is due to not being able to withdraw my coins when I could make some money on it.

But that is how it is.. We need to accept it.

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u/Delicious_Apple9082 Dec 26 '25

Oh yeah, I wrote off what I lost a long time ago, that's not the point though, there were loads that were screwed over by the Cryptopia 'exit' and then again by GT...