Failed crypto exchange QuadrigaCX wallets move funds for first time in three years

2022-12-20 04:00

Several Bitcoin wallets associated with the defunct Canadian crypto exchange QuadrigaCX have transferred funds after three years of dormancy.

Self-described crypto sleuth ZachXBT reported the movement of funds today. The addresses in question moved funds on Friday, Dec. 16, and Saturday, Dec. 17.

ZachXBT estimated that 104 BTC ($1.7 million) had been moved. Of that amount, 69 BTC ($1.1 million) was sent to Wasabi — a Bitcoin wallet with a coin mixing service.

The Bitcoin addresses that transferred funds include:

1ECUQLuioJbFZAQchcZq9pggd4EwcpuANe 1J9Fqc3TicNoy1Y7tgmhQznWrP5AVLXj9R 1MhgmGaHwLAvvKVyFvy6zy9pRQFXaxwE9M 1HyYMMCdCcHnfjwMW2jE4cv9qVkVDFUzVa 1JPtxSGoekZfLQeYAWkbhBhkr2VEDADHZB

Four addresses listed above have not moved funds since February 2019 — close to the time of QuadrigaCX’s bankruptcy proceedings and request for creditor protection. One address moved funds considerably later in August 2020.

The above addresses were originally linked to QuadrigaCX in 2019. Around that time, QuadrigaCX’s bankruptcy trustee, Ernst and Young, erroneously sent 103 BTC to a QuadrigaCX address that it could not access. That fact was publicly disclosed, and the crypto community quickly identified which address made the transaction, along with four associated addresses that likely belong to QuadrigaCX.

QuadrigaCX’s bankruptcy committee told CoinDesk today that Ernst and Young did not move the affected balances this weekend and said that inspectors are “aware Quadriga funds have moved.” Ernst and Young have not commented on the matter.

It is still unclear who might be responsible for transferring the funds. QuadrigaCX CEO Gerald Cotten was supposedly responsible for maintaining the exchange’s private keys, supposedly stored in an unknown bank safety deposit box. However, Cotten was reported dead in 2018 and as such, could not have moved the money.

Anyone with a copy of the keys or knowledge of that box could have transferred funds. Many skeptics also maintain that Cotten faked his death, raising the distant possibility that Cotten is responsible for this weekend’s movement of funds.

The post Failed crypto exchange QuadrigaCX wallets move funds for first time in three years appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Safe Exchange Coin (SAFEX) на Currencies.ru

$ 0.0054306 (-0.25%)
Объем 24H $1.742k
Изменеия 24h: 1.41 %, 7d: -8.63 %
Cегодня L: $0.0053635 - H: $0.0055227
Капитализация $6.099m Rank 99999
Доступно / Всего 1.123b SAFEX

funds years three wallets crypto quadrigacx exchange

Источник: cryptoslate.com

funds years → Результатов: 126


Hedging on Fears: New Crypto Volatility Index Let Traders Bet on Market Turbulence

Over the years, since Crypto investing became more mainstream, we have seen the creation of futures contracts, funds, and now Volatility indices. The Blockchain-powered Fintech startup company, COTI, has announced the launch of a brand new cryptocurrency index, which allows traders to bet on the likelihood of shorter/longer-term market volatility.

2021-1-20 22:26


Фото:

Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan

The rise of bitcoin is hurting the gold market and may continue to do so for many years to come as institutional adoption grows, according to JPMorgan Chase & Co strategists. Led by Nikolaos Panigirtzoglou, the strategists noted the declining inflow of funds allocated to gold exchange-traded funds (ETFs) since October, as flows into bitcoin […] The post Growing Bitcoin Adoption Hurting Gold Market, Gold Price Will Continue to Weaken, Says JPMorgan appeared first on Bitcoin News.

2020-12-11 02:30


Фото:

Severe Bitcoin Network Vulnerability Secretly Patched 2 Years Ago Comes to Light

The bug could have eroded Bitcoin’s credibility as the premier cryptocurrency. “Severe” Bitcoin Bug Secretly Patched According to a report by Coindesk, a previously undisclosed vulnerability in the Bitcoin Core software could have enabled hackers to compromise the network’s famed security, allowing them to steal funds, delay on-chain settlements and even split the network.

2020-9-11 23:00


Chainalysis report claims exchange security, hackers have improved simultaneously

In an excerpt from its upcoming ‘2020 Crypto Crime Report,’ Chainalysis addressed cases of cryptocurrency exchange hacks over the years, while tracking where the funds went after they’re stolen.The post Chainalysis report claims exchange security, hackers have improved simultaneously appeared first on AMBCrypto.

2020-1-23 03:30


Crypto Exchange Bittrex to Return the Frozen Funds of Customers From Sanctioned Regions

Cryptocurrency exchange Bittrex is reportedly looking to return the digital assets to the customers in sanction nations, as per the letter posted by an ex-Bittrex user Ziya Sadr on Twitter. It's been a few years that @BittrexExchange disabled Iranian accounts, froze their holdings and stayed silent on the subject.Today, I (and many others) received an […]

2019-11-12 01:04


Brazil’s Atlas Quantum, a Bitcoin Trading Firm, Has 1 Day to Give Back Investors’ Money Over $250K of BTC

A court in Brazil has given 24 hours for a company operating in automated bitcoin to refund the money to the two investors it has. In the past few years, Atlas Quantum platform as allegedly faced a lot of difficulties withdrawing funds and making profits since the securities regulator in the country took strict action […]

2019-10-30 01:03


CNBC’s Brian Kelly Doesn’t Think Crypto Needs A Bitcoin ETF; Major On-Ramps Already Exist

If you were keen on the industry news concerning Bitcoin for the past two years, you would have noticed a recurring trend in the Bitcoin exchange-traded funds. They are financial vehicles that are believed to be a catalyst that will take the nascent market to greater heights. Some analysts think so even though these vehicles […]

2019-10-14 17:13


Japan’s FSA Drafts Supervision Guidelines to Advise Funds Who are Investing into CryptoAssets

Japan’s Financial Services Agency (FSA) has published draft guidelines for funds investing in cryptocurrencies. Japan is years ahead of the majority of the nations in the crypto game since they realized the potential in crypto back in 2017 and even legalized it for the public use. To give you a perspective, most of the so-called […]

2019-10-4 18:20


SEC Announces Rule Changes to Ease the Approval of Exchange Traded Funds (ETFs)

After years of waiting, the U.S Securities and Exchange Commission (SEC) may finally be moving towards approving crypto-related exchange traded funds (ETFs). In an official announcement on Sept 26, the commission voted on new rules and form amendments that will modernize the process of listing ETFs. The new rules are aiming to establish “a clear […]

2019-9-27 18:42


Essence and Differentiation of the LCG Token

Recently, the blockchain market has witnessed a precedent. Unlike most startups attempting to raise funds for the development of their projects, an existing company with over 50.000 customers and 10 years of market experience started its own blockchain initiative, with the ultimate purpose to integrate blockchain technology to all of its operations in the foreseeable […] The post Essence and Differentiation of the LCG Token appeared first on NullTX.

2019-9-16 14:55


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Over 40,000 BTC leave exchanges as Bitcoin hits $82k

Bitcoin rose to a new all-time high above $82 on November 11, 2024 Over 40,000 Bitcoin valued at nearly $3. 28 billion have left exchanges in the past week. The price of Bitcoin (BTC) has climbed to a new record high above $82,000 as the momentum that pushed cryptocurrencies higher continues to dictate sentiment.