Has the QuadrigaCX lost Ethereum been found?

28 Feb, 2019
by David Borman
Breaking News
Has the QuadrigaCX lost Ethereum been found?

An exhaustive report has just been released on the Zerononcense Blog outlining the discovery that as much as 600,000+ Ethereum that was lost in the now infamous and still unfolding QuadrigaCX drama may still be on multiple exchanges. If true, it means there may be a way to recover the coins without the deceased CEO's private keys, which gives some hope to the many customers who saw their funds lost.

The researcher, ProofofResearch, aka James Edwards, who has been working on this case since the beginning, has found definitive evidence that at the least, QuadrigaCX had accounts on Kraken, Bitfinex, and Poloniex, and that a total of 649,708 ETH had been collectively sent to those exchanges. Now the report admits that this isn't a guarantee that the money is still there, but claims it should be a relatively easy matter to reach out to these exchanges to get any information on the accounts QuadrigaCX had, whether the money is still in them, and if not, where it may have gone.

The blog also outlines how this may explain why researchers couldn't find confirmed QuadrigaCX cold storage wallets on the blockchain, because it would mean the CEO was using exchanges as cold storage. Let that sink in.

It could also explain away any nefarious intent from any parties and bring this back to a series of truly unfortunate events. The upside is that if this is the case then with the help of the exchanges, the Ethereum could plausibly be returned.

The report is quite deep and well worth a look, and it is too early to say if all the info is accurate, or if the exchanges still have the money. With all the twists and turns in this case, we may have to wait and see. Until then stick with Chepicap for all QuadrigaCX updates!

Read more: 'QuadrigaCX saga will kick-start regulatory oversight for crypto exchanges'

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Read more about:QuadrigaCXEthereum (ETH)

Add a comment

Did bitfinex or kraken even know about it?
01 Mar, 2019 - 11:33
lol no ofc. why do the top exchanges need to pay attention to haters?
12 Mar, 2019 - 07:03
not sure :DD
12 Mar, 2019 - 07:48
hahah, are you kidding? this is shill about bitfinex and kraken and they have nthing to do with it
15 Mar, 2019 - 08:35
i think that bitfinex does not really even know that there are some wallets on their exchange that are owned by Quadriga. please stop accusing this exchnage in almost each and every possible activity
01 Mar, 2019 - 16:47
actually you are right. all the users should understand it
13 Mar, 2019 - 09:16
It's obvious that Bitfinex not involved in this situation.
01 Mar, 2019 - 23:12
it is obvious only for real bitfinex users but not for haters & spammers
15 Mar, 2019 - 07:48
of course, how can bitfinex take part in this all?
no way and reason as well
20 Mar, 2019 - 22:24
On poloniex, of course. Those scammers were aware of that I am sure.
02 Mar, 2019 - 08:20
unfortunately I agree. this i poloniex.
05 Mar, 2019 - 19:52
if Quadriga has decided to keep some part of their funds at bitfinex then this mean that it is very reliable exchange
16 Mar, 2019 - 10:33
it could be not quardiga at all, just whales mowed funds to bitfinex as usually
18 Mar, 2019 - 19:54
omg, all of us are tired of these all.
no proofs - no bitfinex fault as well as other exchanges!
19 Mar, 2019 - 08:17
Has the QuadrigaCX lost Ethereum been found? not sure.
bitfinex and kraken can't be involved in it so the stolen funds need to be found .
21 Mar, 2019 - 01:03
I agree with you fully, this is the point
21 Mar, 2019 - 03:02
all these transactions may be whales. lol, why should bitfinex or kraken be guilty?
22 Mar, 2019 - 18:26
I have no idea from where comes such info but I am sure that top exchanges can't be involved in it.
22 Mar, 2019 - 09:26

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