Bitcoins connected to the bankrupt QuadrigaCX exchange came into motion
About 104 BTC (~$1.7 million) associated with the bankrupt Canadian crypto exchange QuadrigaCX was transferred from cold wallets to new addresses. Assets have lain without movement for more than three years, the ZachXBT researcher said.
According to CoinDesk, QuadrigaCX's trustee, an EY auditor, did not initiate these transactions.
The exchange crashed in 2019 after the death of its co-founder Gerald Cotten. He turned out to be the only holder of private keys from cold wallets. The platform turned out to owe users $171.5 million.
