Big 4 Accounting Firm EY Is 'Aware' Of Quadriga's 100+ Bitcoin Transfer
A day back it was revealed that a handful of wallets connected to the now-defunct Canadian exchange QuadrigaCX abruptly moved 104 Bitcoins [BTC] out of cold storage. The said move was the first in more than three years. As pointed out in our article yesterday, the transfers were not started by Ernst and Young (EY), QuadrigaCX’s bankruptcy trustee. The Big 4 accounting firm issued a statement on its part a few hours back. It acknowledged that it has “become aware” of the unauthorized movement of Bitcoin. It clarified, “ Ernst & Young Inc. acting in its capacity as court appointed Monitor and subsequently as Trustee in Bankruptcy worked with management and others to recover the bitcoin transferred to these wallets. However, the private k EY s associated with the cold wallets have not been located despite the detailed review.” Re-confirming that EY did not initiate the transfers, the statement noted, “The locked bitcoin r...