QuadrigaCX Wallets Found Empty, Mystery of $150 Million Missing Crypto Deepens

The cold wallets of QuadrigaCX, once the largest crypto exchange of Canada, have reportedly been found to be empty. According to Bloomberg, most of the Bitcoin funds from the exchange’s cold wallets were moved out in April 2018, more than 9 months before QuadrigaCX revealed it had lost $ 150 million in customer funds after its CEO Gerald Cotten passed away with sole control of the company’s wallets. Ernst & Young, a big four auditor tasked as the monitor of QuadrigaCX, found six cold wallets of the exchange used to store Bitcoin. Five of the six wallets did not contain any

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Newsflash: $90 Million of QuadrigaCX’s Missing Crypto Found, Claims Researcher: Is it Recoverable?

Zerononcense, a cryptocurrency blog run by editor James Edwards, claimed that it found the trails of the missing $ 90 million worth of crypto from the now-defunct exchange QuadrigaCX. The detailed report curated by Edwards discovered the transfer of 649,708 Ethereum from the wallets of QuadrigaCX to cryptocurrency exchanges including Poloniex, Bitfinex, and Kraken. Kraken CEO Jesse Powell has said in a statement that Kraken does not have any funds from the wallets of QuadrigaCX. The research claimed that there is “a high likelihood” of QuadrigaCX funds currently being stored on Bitfinex and Poloniex. “Based on the cumulative analysis of Taylor

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Institutional Investors are Already Turning to Crypto: Should You Fear Missing Out?

Two public pensions from Fairfax County, Virginia’s Police Officer’s Retirement System and Employees’ Retirement System, have invested in Morgan Creek’s new $ 40 million crypto fund. Anthony Pompliano, a Morgan Creek general partner, said that it is the first case in which public pensions have invested in the cryptocurrency market. Apart from the two pensions, the fund is said to be financed by a university endowment, a hospital, an insurance company, and a private foundation. It raised a total of $ 40 million. Fairfax County Police Officer’s Retirement System chief investment officer Katherine Molnar said: “Blockchain technology is being applied in unique

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Where’s the ‘Missing’ $150 Million? Crypto Exchange QuadrigaCX’s Fiasco Gets Weirder with New Research

According to a cryptocurrency researcher with an online alias “ProofofResearch,” QuadrigaCX may not have a Bitcoin cold wallet nor $ 150 million in crypto. In a research paper, Zerononcense editor ProofofResearch stated that based on the evaluation of the company’s 31 Bitcoin addresses, no evidence to prove the existence of a cold wallet for QuadrigaCX was found. No Bitcoin and Ethereum Cold Wallets On February 4, as CCN reported, MyCrypto CEO Taylor Monahan discovered that QuarigaCX does not have an Ethereum cold wallet which stored user funds. Monahan evaluated three main Ethereum addresses used by the exchange and no evidence was

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MyCrypto CEO: QuadrigaCX May Not Have Ethereum Cold Wallet, Where’s the Missing $150m?

Taylor Monahan, the founder and CEO of MyCrypto, one of the most widely utilized non-custodial wallets in crypto, has said that QuadrigaCX may never have had an Ethereum cold wallet. Crypto Wallet CEO Raises Questions about QuadrigaCX’s Claims After evaluating three main Ethereum addresses used by QuadrigaCX, Monahan said that all of the addresses were likely owned by customers, not by the exchange. 2016: 0x0ee4e2d (blue)Biggest outgoing TXs go to:– A Bitfinex Deposit Address #1 (red)– 0x027beef (green)– 0xb6aac (purple) pic.twitter.com/jsPOnIADGI — Taylor Monahan (@tayvano_) February 4, 2019 “Based o the actions via ShapeShift, I can only assume they were

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