104 QuadrigaCX-related BTC moved for the first time in three years

FlavienDecember 21, 2022

Less than a minute

104 QuadrigaCX-related BTC moved for the first time in three years

On Dec. 16, 104 Bitcoins from QuadrigaCX, the Canadian exchange which went bankrupt in 2019 after the death of founder Gerald Cotten, moved for the first time since 2019. The founder had been found to have misused and mismanaged customer funds, and had sent funds to cold wallets for which only he had the private keys. The 104 Bitcoins had been accidentally sent to the cold wallets by EY, which has been appointed Monitor for QuadrigaCX’s estate. The move revives theories that Cotten could still be alive.

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FlavienDecember 21, 2022

Less than a minute

Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.