The monitor's report says QuadrigaCX "inadvertently" transferred 103 bitcoins valued at $468,675 to what are known as cold wallets, which the company is now unable to access. "The monitor is working with management to retrieve this cryptocurrency from the various cold wallets, if possible," the report says. "The monitor has made arrangements to transfer the remaining cryptocurrency into a cold wallet which will be retained by the monitor." About 115,000 QuadrigaCX customers are owed about $70 million in cash and $190 million in bitcoin and other cryptocurrencies. Aside from the cold wallet snafu, Ernst and Young also reported that there is more than one laptop at the centre of the case.
Source: CBC News February 12, 2019 22:42 UTC