Questions have been raised by auditors after digital wallets expected to contain millions in cryptocurrency were found to be empty following the death of Quadriga CX founder Gerald Cotten.travelling to open an orphanageHe held"sole responsibility" for handling the $190m his company looked after, and no other members of the Canada-based QuadrigaCX team could access the stored funds, according to Mrs Robertson.
She said the cryptocurrency and normal money was in"cold storage" - where the company, or just Mr Cotten in this case, holds the key, not the client.Auditors Ernst & Young, who were brought in to help recover the cryptocurrency, managed to gain access to Mr Cotten's laptop, but discovered that the digital wallets held there had been emptied in April 2018 - eight months before his death.
It also noted 14 suspicious user accounts had been created on the Quadriga trading platform outside of the normal process for creating client accounts. These accounts had been involved in trading and withdrawing cryptocurrency to addresses not associated with Quadriga, and the auditors are currently examining the transaction histories.
$100,000 reward for all you ameatur detectives
Any one seen the body.
I bet he isn’t even dead. Not difficult to fake your own death with $190m at your disposal
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Source: The Guardian - 🏆 84. / 53 Read more »