Ernst & Young said it has "become aware" that bitcoin (BTC) that'd been sitting QuadrigaCX's cold wallets has been moved elsewhere, according to a statement Tuesday.
The company, which is acting as the bankruptcy trustee for the defunct Canadian trading platform, made the announcement four days after more than 100 BTC moved out of the wallets, which the company said Quadriga did not have access to. CoinDesk reported on Monday that EY had not initiated the transactions, which EY confirmed in its Tuesday statement.
"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," the statement said. "However, the private keys associated with the cold wallets have not been located despite the detailed review."
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