Cryptopia co-founder Adam Clark has endured a firestorm of criticism from the bitcoin community over the past couple of days, with various industry news sites saying he has a lot of gall to set up a new cryptocurrency venture, Assetylene, in the wake of his previous venture's failure and the unresolved police and liquidator's investigations around it.

"One would assume, then, that the founder of a hacked, shuttered exchange, wouldn't try again so quickly. One would be wrong," fumed industry commentator John Biggs on CoinDesk.

Its owners called Police into the Christchurch-based Cryptopia in mid-January after a cyber-attack saw an

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