There has been quite the turn of events with the “lost” QuadrigaCX cryptocurrency case recently. The digital tokens may have just been found! The cryptocurrency exchange’s founder, Gerald Cotton, died in December 2018 from Crohn’s disease, allegedly taking $190 million in crypto with him.
At the time, it was said that Cotton was the only individual to know the private keys of the cold storage wallet that held all of the company’s assets. Well, the digital currency may not have been held in cold storage after all.
QuadrigaCX Held on Kraken, Poloniex, and Bitfinex
According to an author at the cryptocurrency research company ZeroNonCense, the majority of the exchange’s Ethereum (available on Coinbase) (ETH) was most likely stored on cryptocurrency exchanges. The author of the published report remains anonymous but sTron (available on Binance)gly believes that the funds were kept on Kraken, Bitfinex, and Poloniex.
The information on the report was said to have come from Kraken’s CEO Jesse Powell and MyCrypto’s CEO Taylor Monahan. It was found that QuadrigaCX had accounts on all three crypto exchanges listed above and the funds held on these accounts were worth over $100 million.