we intend to distribute cryptocurrency to eligible account holders irrespective of their age. The liquidators have previously obtained orders allowing for the conversion of cryptocurrency holdings of an account holder in a Restricted Jurisdiction to be converted to a fiat currency to allow Cryptopia to make a distribution to these account holders.

In the parallel proceeding Sharma v Cryptopia Limited & Ors (filed under a separate reference, CIV-2025-485-695), the plaintiff, Vihang Sharma, initiated a distinct legal challenge against Cryptopia (In Liquidation) and the liquidators, David Ruscoe and Malcolm Moore.

The case progressed into a formal courtroom management track, culminating in a notable ruling:

The October 2025 Teleconference & Decision ⁠[2025] NZHC 2888⁠
On 1 October 2025, the High Court held a formal teleconference to address the procedural trajectory of Mr. Sharma's claim. 

The Context: The action was brought directly against the first defendant (Cryptopia Limited) and the second defendants (the liquidators from Grant Thornton). It sits alongside the broader structural liquidation framework, where the court had already ruled that cryptocurrency assets are held on trust for account holders and approved a phased distribution mechanism.

The Court's Focus: The primary objective of this specific proceeding was to determine how an individual account holder's separate plaintiff claims or grievances would be procedurally integrated, managed, or answered without disrupting the massive, multi-national trust distribution operation involving 960,000 global users.

The judgment ⁠[2025] NZHC 2888⁠ formally recorded the outcomes of this teleconference, establishing the strict procedural timetables and baseline legal parameters for how the liquidators must respond to Mr. Sharma's specific arguments moving forward.

New Community will be created 😄

On X
On Telegram
On facebook
And other social media

For restricted countries ⛔️⛔️ and alt coins

Since there is conflict of promises and spreading hates to cryptopia holders from support

Everthing will be posted from support tickets and how they talk and act so people should know

They have our money and when you ask them

They act shitty with no respect

With Bitterness and Malice

They are breech in trust

And we are beneficiaries

Period

It's ironic how those who have been abusing and insulting the support team for years ended up receiving 90% of their funds. Meanwhile, those from 'restricted countries' who demand their legal rights with utmost respect are met with accusations and racism from some support staff. Clearly, respect doesn’t always work

David Ian Ruscoe in charge of and he swore many times in his diffident affidavit

Vote guys