A new research report links a trail of 12 wallets holding Quadrigacx funds worth $90M of ethereum to Kraken, Bitfinex, and Poloniex exchanges. With Kraken confirming that it no longer holds any active Quadriga wallets, the onus is now on the other two exchanges to confirm or deny that the coins are still in their accounts.
Also read: Quadrigacx Cold Wallet Was Stored in a Safety Deposit Box
The Canadian Crypto Drama Continues
Quadrigacx (aka “the curious case of Cotten’s coins,” as Kraken calls it) doesn’t cease making the news. $190M of user funds have disappeared, $150M of which has seemingly been lost in an unretrievable crypto abyss, with conspiracy theories aplenty to match the unfolding real-life mystery of an unseemly death and even more unseemly funds displacement. The latest research doesn’t quite solve the puzzle. To the contrary, it might even add to the complexity surrounding the case.
James Edwards, CEO of crypto research and consulting platform Zerononcense, has released a research…