This is why we need zero knowledge technology. I want exchange founders to have the right to steal in private. 😂
What a crazy world crypto is. Open source financial systems combine all the drama of Linux with all the fire of Wall Street.
Is in the link: [https://www.reddit.com/r/BitcoinCA/comments/amb73w/quadrigacx\_ltc\_cold\_wallet\_list\_and\_analysis/](https://www.reddit.com/r/BitcoinCA/comments/amb73w/quadrigacx_ltc_cold_wallet_list_and_analysis/)
This same post was actually posted here in /r/Buttcoin (because everywhere they were posting this kept getting deleted), but eventually they left once they realized we weren't taking them seriously (and moved to /r/bitcoinCA ).
>if some parts the body, bones teeth etc are not completely turned to ash, some DNA might be extracted
The future of money, everyone. I’m sure glad that getting my money out of an exchange in any way involves rooting around in someone’s cremated corpse for DNA.
If some CEO really does die with the private keys ... Butters might need to consider cryo freezing that person's head until the tech exists to read the private keys out of their brain. LOL, might happen one day .... Butters will probably be long be gone ... but at least sometime in the future someone might be able to recover the keys ??
i think we should be careful, we’re making markets in comedy godl here, so we should be pricing midway between “he faked his death and ran off with the coinz” and “he shit himself to death, left 100k to some chihuahuas but gave no-one the private keys” - let others build a position but we can just make the spread over and over for risk-free comedy godl!
Yes we random laymen know about it. We know. But would it be likely that the designers of Canadas largest cryptocryptoncy service would be aware of this? Of course they do. 100% likely that they knew. If they knew, they wouldn't have used a single key setup. Which they of course didn't. This begs the question - why do they say they lost the only way to access their clients riches, when we know they have multiple ways to access it?
I told you that the sleuthing was not done in vain. We now found out that someone does indeed have access to the private keys and that their claim that the private keys died with Gerald is full of shit. Gerald faked his death 100%. That scummy piece of shit. I hope RCMP extradites his ass to BC prison (literally).
Aren't these addresses too active to be a cold wallet?
shanecorryCrypto God | QC: CC 118, NANO 821 week ago
Way too active.. A proper cold-wallet setup should see no sending activity at all. Once a send transaction is made the original cold wallet should be retired and the remaining funds sent to a new address.
Out of interest, what gives you the idea that he has done his own research? (not saying they haven't)
>Those are likely just
It's an assumption. Also there are 18 parent comments so just about 1 frame of scrolling if it was at the bottom?
In the thread with the full analysis linked, the second wallet now has a roughly 20% higher balance than two days ago. All these wallets have tons of small outgoing and (!) ingoing transactions.
So if I wanted to scam people and I had a few crypto wallets while being the only one who has access to them - why wouldn’t I just move out the money? It’s illogical that a scammer tops up is balance once his wallets are public.
In a hackernews article I read that some analyst doubts that QuadrigaCX even had the amount they claimed to have lost. I can’t conclude if this all is a scam, if the CEO is dead or not. But from what I’ve seen on the blockchain explorers and from what I’ve read, it would make more sense to me if the CEO was actually dead and now his totally screwed, badly organized company somehow tries to handle the mess. It would also make sense to me if QuadrigaCX did scam customers, then the CEO died and now the remaining staff put the blame on him.
Also, think about it - CNN interviewed this guy's wife if I recall correctly. If your husband faked his death and you'd still be living of his scammed money, putting yourself on television maybe wouldn’t be a great idea.
That’s just some assumptions, but I guess the truth is even much more complex.