{"id":28358,"date":"2020-09-08T15:30:44","date_gmt":"2020-09-08T12:30:44","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28358"},"modified":"2025-08-27T11:16:34","modified_gmt":"2025-08-27T08:16:34","slug":"blockchain-forensics-team-to-analyse-quadrigacxs-missing-assets","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/blockchain-forensics-team-to-analyse-quadrigacxs-missing-assets\/","title":{"rendered":"Blockchain forensics team to analyse QuadrigaCX\u2019s missing assets"},"content":{"rendered":"<p>The Canadian law firm Miller Thomson has engaged Kroll to investigate the missing assets worth $190 million at the QuadrigaCX Bitcoin exchange. This, <a href=\"https:\/\/www.millerthomson.com\/wp-content\/uploads\/2020\/09\/Communication-from-Representative-Counsel-_-Communication-de-la-part-des-repr\u00e9sentants.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">is said<\/a> in a statement by the lawyers.<!--more--><\/p>\n<p>Miller Thomson represents the interests of former QuadrigaCX users. On Friday the firm informed them that the analysis of the exchange&#8217;s transactions would be undertaken by the consulting firm Kroll in partnership with Coinfirm.<\/p>\n<blockquote>\n<p>\u201cThe collaboration between Kroll and Coinfirm will bring together expertise in cryptocurrency, asset recovery, fraud investigations and data analysis,\u201d the statement said.<\/p>\n<\/blockquote>\n<p>Coinfirm specialises in blockchain forensics and anti-money laundering. In 2016 the project released an analytical engine for tracing data on the blockchain.<\/p>\n<p>Experts from Kroll and Coinfirm will analyse the QuadrigaCX exchange&#8217;s Bitcoin transactions. Miller Thomson declined to disclose further details, citing confidentiality.<\/p>\n<p>In February 2019 the cryptocurrency exchange QuadrigaCX lost access to user funds worth $190 million, reportedly after the death of CEO Gerald Cotten. As a result the company filed for bankruptcy and closed.<\/p>\n<p>In June 2020 the Ontario Securities Commission concluded that the bankruptcy was caused by fraud by its founder Gerald Cotten.<\/p>\n<p>Read the story of the dramatic events surrounding the collapsed exchange in ForkLog.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"nXcsB2TINZ\">\n<p>The Coffin of the Dead: How QuadrigaCX Chief Gerald Cotten Took $137 Million of User Assets to the Grave<\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cThe Coffin of the Dead: How QuadrigaCX Chief Gerald Cotten Took $137 Million of User Assets to the Grave\u201d \u2014 ForkLog\" src=\"https:\/\/forklog.com\/exclusive\/sunduk-mertvetsa-kak-glava-quadrigacx-dzherald-kotten-zabral-v-mogilu-aktivy-polzovatelej-na-137-mln\/embed#?secret=yOIINsmtQr#?secret=nXcsB2TINZ\" data-secret=\"nXcsB2TINZ\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Subscribe to ForkLog&#8217;s YouTube channel!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian law firm Miller Thomson has engaged Kroll to investigate the missing assets worth $190 million of the QuadrigaCX Bitcoin exchange. This was stated in a lawyers&#8217; statement.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[771,1166,546,1087],"class_list":["post-28358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-canada","tag-centralized-exchanges-cex","tag-coinfirm","tag-quadrigacx"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=28358"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28358\/revisions"}],"predecessor-version":[{"id":28359,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28358\/revisions\/28359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=28358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=28358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=28358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}