[ad_1]
According to a cryptocurrency researcher with an online alias "ProofofResearch", QuadrigaCX might not have an encrypted Bitcoin wallet or $ 150 million crypto.
In a research article, ProofofResearch, editor-in-chief of Zerononcense, said that based on the evaluation of the company's 31 Bitcoin addresses, there was no evidence of a cold wallet for QuadrigaCX. been found.
No Bitcoin and Ethereum Cold Wallets
On February 4, as reported by CCN, Taylor Monahan, CEO of MyCrypto, discovered that QuarigaCX does not have a cold Ethereum portfolio that stores users' funds.
Monahan evaluated three main Ethereum addresses used by the exchange and no evidence was found to support that these addresses were used as cold exchange portfolios.
Addressing to CCN, she said that a wallet containing 500,000 transactions still needs to be badyzed, but it is also unlikely to be a cold wallet either.
"I do not see any indication that Quadriga would ever have a portfolio / reserve for ETH," said Monahan.
Zerononcense's research also showed that no evidence proved that the exchange had a cold Bitcoin wallet.
In an affidavit filed with the Supreme Court of Nova Scotia, Jennifer Robertson, widow of QuadrigaCX CEO Gerald Cotten, said that approximately $ 90 million worth of Bitcoin had been lost in a cold wallet. the exclusive control of the CEO.
"The normal procedure was that [QuadrigaCX founder and CEO Gerald Cotten] would move the majority of the parts to cold storage to protect them from hacking or any other virtual theft, "said affidavit obtained by Coindesk.
However, ProofofResearch explained that after badyzing addresses and transaction IDs for Bitcoin withdrawals and deposits, it is clear that the exchange does not have a wallet that would have been used to store funds from 'user.
The researcher wrote:
Based on the badysis of dozens of aggregate wallet addresses and transaction IDs for withdrawals in bitcoins and stock market filings, nothing indicates that a portfolio Cold for QuadrigaCX currently exists.
In addition, the researcher stated that the stock market's hot wallets had not made any major transactions on an external wallet address containing a large amount of Bitcoin, suggesting that user funds may have been stored in hot wallets.
"In addition, a thorough badysis of QuadrigaCX's hot wall cluster cluster's main address failed to prove that there had been a shift of bitcoins to an external wallet address." (or cluster address) containing significant possession of bitcoins, "added the researcher.
What does it mean for the crypto of $ 150 million?
As long as the local police have not conducted a full investigation, no complexity of the case can be confirmed.
However, according to various reports published by independent researchers, the evidence tends to show the absence of cold portfolios for QuadrigaCX.
If the QuadrigaCX does not have a Bitcoin wallet, as the Zerononcense report suggests, this could raise questions about the fate of the funds.
QuadrigaCX portfolios reportedly sent trades after Cotten's death Source: Zerononcense.com
Some of QuadrigaCX's key addresses would also have sent outgoing trades after the death of its CEO, Gerald Cotten, which should not be possible if the CEO had full control of all of the company's portfolios.
Many parts of the story of QuadrigaCX are uncertain and, as expressed Kraken CEO, Jesse Powell, incredible.
We have thousands of portfolio addresses known to belong to @QuadrigaCoinEx and investigate the weird and, frankly, unbelievable story of death and lost keys of the founder. I do not normally ask for subpoena, but if @rcmpgrcpolice look for this, contact @krakenfx
– Jesse Powell (@jespow) February 3, 2019
No definitive conclusion can be drawn until the local police publish their report on the exchange.
But the details of the QuadrigaCX portfolios or addresses that appeared last week led badysts and investors to question the current situation of the exchange and its $ 150 million loss and the question of whether the $ 150 million originally existed. .
[ad_2]
Source link
