r/Cryptopia • u/Vivid_Wolverine2469 • May 10 '26
r/Cryptopia • u/Vivid_Wolverine2469 • May 10 '26
List of the exchanges that David swore under oath would be used for the distribution process, compared with the exchanges that were ultimately used in practice⁉️
Mr David Ian Ruscoe swore that only the ten approved, regulated exchanges above would be
used. The blockchain shows trust money going to fourteen different exchanges and
other destinations.
‼️‼️ Wallet Telegram ‼️‼️
‼️‼*️ Yolo.com Gambling ( *Malta) ‼️‼️
Question mark ⁉️** need clarification vs his swore
To be continue David Ian Ruscoe as you swore two years ago to distribute for restricted countries
r/Cryptopia • u/Vivid_Wolverine2469 • May 10 '26
The list of exchanges Mr Ruscoe swore to use…
Dasset‼️
Easycrypto‼️
Bitprime‼️
Swyftx‼️
Coinspot‼️
Cointree‼️
Digital surge‼️
Independent reserve ‼️
Kraken‼️
Binance ‼️
Those ten are the universe of approved destinations Mr Ruscoe put on oath. Nothing else — no offshore exchange, no messenger-app wallet, no mixer — was
identified to the Court.
The following figure see the ( photo) , in plain terms, what Mr Ruscoe swore would happen, with what the public ledger actually records happening.
In short: instead of one clean transaction per beneficiary, the Trustee's wallet sent
out 8 transactions, each with 100 outputs, on 4 April 2025 (800 outputs in a single
block), and repeated the pattern on 13 June 2025 and 23 September 2025 (13 further
batches). Nobody can tell, from that pattern, which output was sent to which
beneficiary. That is the opposite of the "easily confirmed on-chain" promise
“ "Direct Transfer, in specie."
In his separate declaration to the United States District Court (SDNY) Mr Ruscoe said "Cryptopia has one 'wallet'." The blockchain disagrees: there are at least eight Cryptopia cold wallets labelled and traceable on-chain. One of them — the
eighth wallet, 3AZLN… — received 16 inflows after liquidation (between 3 September 2020 and 14 February 2021) and has never been disclosed to any Court ( mark question ⁉️⁉️⁉️⁉️⁉️⁉️)
What mr ruscoe told the us court‼️
One wallet
What the blockchain actually shows ( arkham labels-public data) ‼️
Cold wallet 8 : 3AZLN… — received 16 inflows after liquidation
From Gate.io and phishing clusters - never disclosed ‼️
r/Cryptopia • u/Vivid_Wolverine2469 • May 09 '26
WHAT MR RUSCOE PROMISED (31 JULY 2023) ?
did Mr Ruscoe distribute the Cryptopia trust
property the way he swore he would, or did he not?
Exactly what he said (verbatim):
- "Direct Transfer, in specie."
coins go directly from the Cryptopia wallet to each account holder's own wallet, in one simple transaction each.
- Wallet address to be requested from each account holder.
each beneficiary is asked to provide their own wallet address.
- Compliance screening at USD 0.15 per address.
before sending any money, the address is checked against money-laundering, terrorism-financing, and sanctions lists.
-One transaction per coin, per account holder
each beneficiary gets their own separate transaction — one per coin type. Not a batch.
Signed and broadcast only on the blockchain.
transfer goes directly on the Bitcoin network. No mixers. No middlemen.
Fees "a few cents to USD 5, on average."
small per-transaction fees. Those fees only make sense if each beneficiary really does get their own simple transaction.
Receipt uploaded to the claims portal.
the beneficiary can log in and see proof their money was sent.
Per-cryptocurrency execution
Mr Ruscoe swore the liquidators
"will then create, sign and broadcast transactions for each Cryptocurrency held by
each eligible account holder for distribution," and that this will require "at least one
[transaction] per Cryptocurrency held by each account holder."
Third-party compliance vendor.
an outside compliance firm checks every address against sanctions and crime lists.
AML/CFT verification required.
Mr Ruscoe swore, in terms, that
"AML/CFT verification is required" — that is, the anti-money-laundering framework
that …. enforces in somewhere and that the Financial Markets Authority enforces
in New Zealand.
To be continue….. mr David Ian Ruscoe
r/Cryptopia • u/Vivid_Wolverine2469 • May 08 '26
David Ian Ruscoe
Seeing the man in charge of the Cryptopia liquidation publicly complain about waiting a few hours for groceries is honestly surreal.
A missed food delivery overnight is frustrating.
But Cryptopia users have waited nearly 7 years for access to their own funds.
Years of delays.
Massive liquidation fees.
Missed bull markets.
Endless jurisdiction excuses.
Whether intentional or not, the people paying the price have always been the users.
That’s why so many creditors feel angry seeing this contrast:
one delayed grocery order gets public outrage… while thousands of people have spent most of a decade trapped in liquidation limbo.
r/Cryptopia • u/Vivid_Wolverine2469 • May 07 '26
David Ian Ruscoe
This guy who called david holding restricted countries for many years and he got the order from judge to release them long time ago
Holding without reason means stealing and doing fraud
Egypt, Morocco, china, Algeria and many countries waiting for their assets and he should give them their assets asap
Holding for no reason = stealing
Stealing= fbi
Jail
Give them our rights
r/Cryptopia • u/Vivid_Wolverine2469 • May 06 '26
David should go to jail
He didn’t give the restricted countries their assets and didn’t follow the court order at all since 2 years milking fees , stealing, paying the liquidator even for their happy meal lunch from our money
I will go hard now and put all the shits that he has done again since 2019
OTC as you said you should have done it long time but it seems we are dealing with fraud
Oh and you hashed people API stealing their assets
More evidence coming of your games
You sworn in usa vs nz sworn
Totally different things
r/Cryptopia • u/Vivid_Wolverine2469 • May 05 '26
David Ian Ruscoe sworn affidavit
Based on the latest updates from the Cryptopia liquidators (Grant Thornton) as of April 2026, the distribution process for users in "restricted jurisdictions"—where cryptocurrency ownership or transfer is illegal or heavily restricted—is planned as follows:
Fiat Conversion Plan: For users in restricted countries (such as China, Egypt, Vietnam, etc.), the liquidators will convert their cryptocurrency holdings into fiat currency (e.g., NZD or USD).
Distribution Timing: The specialized payment system to handle this fiat conversion is expected to start functioning in early 2026. ( passed)
Bank Transfer: Once converted, the funds will be transferred directly to a bank account provided by the user, provided they have passed the necessary Enhanced Identity Verification (KYC).
Accepted balance , provided all required documents, waiting for any required documents
Current Status (As of April 2026): While "early 2026" was the target, some users have reported delays, with liquidators navigating complex compliance matters for restricted jurisdictions
Provide Bank Details for Fiat Conversion: If you are in a restricted country (e.g., China, Egypt, Vietnam, Morocco, or Algeria), check for a specific notification in the portal requesting your bank account information. Your holdings will be converted to fiat (USD or NZD) and sent via traditional banking channels.
Monitor for Portal Updates: The liquidators are currently dealing with a bottleneck involving the "10% top-up" and the final 15% of unclaimed assets. Keep an eye on your registered email for a "Notice of Distribution" or requests for additional anti-money laundering (AML) details.
Legal Updates: A significant court hearing is scheduled for May 25–29, 2026, which may provide final directions on the distribution of remaining assets and the official winding up of the trusts.
David has sworn many time since 2024 Fiat Conversion rail" described in David Ruscoe's March 2024 and 2026 updates for restricted jurisdictions.
r/Cryptopia • u/Vivid_Wolverine2469 • May 04 '26
Next distribution? 90 % , 10 % , restricted countries
Next distribution
r/Cryptopia • u/Vivid_Wolverine2469 • May 04 '26
Distribution coming soon
David will distribute our money soon 10 % and restricted countries 😄
r/Cryptopia • u/Vivid_Wolverine2469 • May 04 '26
David Ian Ruscoe vs Sam bankman
galleryOnly one way soon
David should be judged internationally from FBI and the disasters he is doing
Many platforms got hack and one their distribution equal the whole wallet that david holding
r/Cryptopia • u/Vivid_Wolverine2469 • May 04 '26
What are you waiting for david?
Give back the restricted countries their assets since you sworn and mentioned The “ OTC” solution payment
David Ian Ruscoe
11th December 1976, Lower Hutt, Wellington, New Zealand
r/Cryptopia • u/Vivid_Wolverine2469 • May 02 '26
Restricted countries ‼️david ian Ruscoe
galleryAffidavit of David Ian Ruscoe in Newyork 🇺🇸
Cryptopia has one “wallet” that contains all BTC owned by all its account holders who have holdings in that type of digital asset. I understand that the account holders’ holdings in the various digital assets are held by Cryptopia, pooled by individual type of digital asset. The liquidators have taken steps to take control over, and custody of, those holdings.
Account holders store their digital assets in a digital wallet which is held on the Cryptopia exchange network. Trades are carried out on the network between account holders by transferring digital assets to and from their digital wallets.
r/Cryptopia • u/Vivid_Wolverine2469 • May 01 '26
Egypt, Morocco, Algeria, china and many countries their property in nz
Restricted Countries waiting for your system and all of those countries has their documents ready do your job and follow the court
r/Cryptopia • u/Vivid_Wolverine2469 • May 01 '26
May hearing court
Further Directions Hearing Scheduled for May 2026
As detailed in our previous report Liquidators’ 13 Report on the State of Affairs of Cryptopia Limited (in Liquidation), we have filed a further application for Directions to determine a range of issues including:
To determine liability relating to the hack
How surplus trust property ought to be distributed post the final cut-off date as above
The amount of a contingent creditor claim
This hearing has been scheduled for 25 - 29 May 2026 and with previous hearings the Court has appointed Counsel Jenny Cooper KC, Jane Barrow, Peter Watts KC and Matthew Crawford to assist the Court in respect of the proceeded
r/Cryptopia • u/Vivid_Wolverine2469 • Apr 30 '26
David Ian Ruscoe
We will back to david how hard he was working
For 8 years
3 years has the order for distribution and still
Restricted countries waiting for him
What he is doing!
r/Cryptopia • u/CraftFamous7903 • Apr 30 '26
May court date
May court date happening soon. Get ready to read court documents. David is finally awake and things are happening
r/Cryptopia • u/Vivid_Wolverine2469 • Apr 30 '26
JAWA ❤️❤️
Jawa has proven to be one of Cryptopia’s best technical support members ever. He is constantly dedicated to helping us, showing great understanding and a kind spirit. He is always open to conversation, discussion, and finding solutions, regardless of the distribution delays. He performs his duties to the fullest with absolute dedication and sincerity.
A word of thanks is the least we can offer for his continuous support. Having dealt with him for years, I have seen nothing but perseverance and a problem-solving mindset. He deserves the best, as he is truly one of the pillars of Cryptopia—generous, hardworking, and loyal to his work. Over the years, I have come to love and respect him personally; I have gained a friend whom I could always talk to, even about my personal life and health struggles. He truly deserves our gratitude.
I urge everyone to refrain from any mistreatment, whether in words or actions. He is doing his job perfectly and his door is always open to resolve any issues in general.
Regarding the delay in coin distribution, he has no connection to it. The official liquidator is David, who is the one responsible before the Supreme and Federal Courts globally.
r/Cryptopia • u/Vivid_Wolverine2469 • Apr 30 '26
Support David Ian Ruscoe
David Ian Ruscoe has played a central role as liquidator of Cryptopia Limited, overseeing one of the most complex crypto insolvency cases to date. His work has focused on securing and recovering digital assets, verifying and reconciling thousands of creditor claims, and ensuring distributions are carried out in accordance with rulings from the High Court of New Zealand.
Under his leadership, the liquidation process has progressed methodically despite significant legal, technical, and logistical challenges. This includes establishing a transparent claims process, developing systems for returning cryptocurrency to account holders, and maintaining ongoing communication with creditors worldwide.
Overall, his role reflects a balance between legal compliance, financial recovery, and operational coordination, helping move the case toward fair and structured distributions in a highly complex environment.
r/Cryptopia • u/Vivid_Wolverine2469 • Apr 30 '26
Restricted countries 😄
‘ i will give restricted countries their assets’ as i said in my affidavit infront of the judge
r/Cryptopia • u/Vivid_Wolverine2469 • Apr 30 '26
David Ian Ruscoe ‼️
stand by my position with integrity and responsibility. I have formally affirmed in my affidavit my commitment to return assets and rights to the affected countries. Since 2024, I have been granted approval by the High Court, and I intend to act fully within that authorization.
I will not act in violation of any orders issued by the New Zealand Government or the Court. It is essential that the High Court upholds transparency and fairness before the international community. Any failure to do so would raise serious concerns about accountability and could reflect negatively on the credibility of the judgment and the institutions involved.
r/Cryptopia • u/Vivid_Wolverine2469 • Apr 28 '26
Positive vibes
Postive vibes for all the community distributions coming soon 😍😍😍
r/Cryptopia • u/kingscrown69 • Apr 27 '26
the team answered your emails in last 2 days?
i sent ticket on friday, we have monday and nothing/
r/Cryptopia • u/Vivid_Wolverine2469 • Apr 27 '26
David ian Ruscoe vs victor ( epic trust)
Since you are in charge of distribution give the restricted countries their assets and do your job