Wallet server keys stolen; exchange later liquidated.
Attacker wallets funded and staged ahead of the private key compromise exploit against Cryptopia.
$16.0M drained from Cryptopia on Ethereum via Private Key Compromise.
PeckShield flagged the anomalous transactions and published an initial alert.
Cryptopia paused affected contracts or withdrawals and began tracing outbound flows.
Stolen assets followed through mixers, bridges, and exchange deposit addresses.
$4.0M of $16.0M recovered (25%); the remainder is still unaccounted for.
Remaining funds monitored across chains with exchange partners notified.