Quadriga - Quad-gate story deepens

in brainfeed •  18 days ago

Like every good Agatha Christie this story just keeps getting better.

Recap:

  • Oct 2018 Canadian bank freezes Quadringa's bank accounts - $28m frozen
  • Exchange goes offline
  • Funds in the hands of Canadian Court - exchange depositors can't access their funds
  • Jan 2019 - CEO & owner "dies" in India aged ~30yo from crohns - No proof of death has been established as yet as the death cert issued in India has been questioned.
  • The CEO was the only one to know the keys to access $190m in crypto cold storage wallets.
  • Lost access to 26,500 BTC, 11,000 BTCCash, 11,000 BTCSV, 35,000 BTCGold, 200,000 LTC 430,000 ETH
  • Reports that LTC coins HAVE been withdrawn -how? with no keys?

And now Crypto Medication are reporting, after researching, that the exchange may never have had the coins in the first place.

https://www.newsbtc.com/2019/02/04/quadrigacx-never-held-100m-bitcoin-crypto-researcher/

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I was a user. But i NEVER leave money nither crypto on an exchange... Hopfully

Congratulations @brainfeed! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published a post every day of the week

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Support SteemitBoard's project! Vote for its witness and get one more award!