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QuadrigaCX likely lacked any ETH cold wallets, per report

From theblockcrypto.com

Blockchain analytics company Elementus concluded that QuadrigaCX likely didn’t have any Ethereum cold wallets, following a deep investigation of QuadrigaCX wallets viewed by The Block. QuadrigaCX was granted creditor protection this week to settle debts which came into light following the sudden death of the firm’s CEO and founder, Gerald Cotten. Cotten was supposedly the only person with access to the exchange’s private keys, so his passing would make the entirety of the exchange’s cryptocurrency reserves irrecoverable. The exchange currently owes $190 million to its 115,000 customers and a Canadian judge has given ... (full story)

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