Bitcoin Addresses Tied to Bankrupt Canadian Exchange QuadrigaCX Move Bitcoin Thought to be Lost: Sent to Wasabi Coinjoin Tool

Over 100 bitcoin connected to the now-defunct Canadian cryptocurrency exchange QuadrigaCX were transferred out of cold wallets that were believed to be out of reach. QuadrigaCX filed for bankruptcy in 2019 after the death of its CEO, Gerald Cotten, and was believed to owe customers around $200 million in various cryptocurrencies. The bankruptcy trustee, Ernst and Young (EY), announced in 2019 that it had lost control of about 100 BTC because they sent the coin to Quadriga-operated cold wallets that EY said it couldn’t access. The bitcoin in these addresses remained frozen until last Friday, when coin in all five addresses were transferred out.Zachxbt said on Twitter that the majority of these funds, nearly 70 BTC, appear to have gone to Wasabi, a coinjoin tool.Magdalena Gronowska, a bankruptcy inspector and member of Quadriga’s creditor committee, said the funds were not moved by EY.The wallets in question are:1HyYMMCdCcHnfjwMW2jE4cv9qVkVDFUzVa1JPtxSGoekZfLQeYAWkbhBhkr2VEDADHZB1MhgmGaHwLAvvKVyFvy6zy9pRQFXaxwE9M1ECUQLuioJbFZAQchcZq9pggd4EwcpuANe1J9Fqc3TicNoy1Y7tgmhQznWrP5AVLXj9R

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