By No Bullshit Bitcoin in News — Dec 20, 2022

Bitcoin Addresses Tied to Bankrupt Canadian Exchange QuadrigaCX Move Bitcoin Thought to be Lost: Sent to Wasabi Coinjoin Tool

Over 100 bitcoin connected to the now-defunct Canadian cryptocurrency exchange QuadrigaCX were transferred out of cold wallets that were believed to be out of reach. The majority of these funds, nearly 70 BTC, appear to have gone to Wasabi, a coinjoin tool.

Over 100 bitcoin connected to the now-defunct Canadian cryptocurrency exchange QuadrigaCX were transferred out of cold wallets that were believed to be out of reach.

Five wallets attributed to QuadrigaCX unexpectedly moved ~104 BTC on Dec 17 for the first time in years.

1ECUQLuioJbFZAQchcZq9pggd4EwcpuANe
1J9Fqc3TicNoy1Y7tgmhQznWrP5AVLXj9R
1MhgmGaHwLAvvKVyFvy6zy9pRQFXaxwE9M
1HyYMMCdCcHnfjwMW2jE4cv9qVkVDFUzVa
1JPtxSGoekZfLQeYAWkbhBhkr2VEDADHZB
— ZachXBT (@zachxbt) December 19, 2022

QuadrigaCX filed for bankruptcy in 2019 after the alleged death of its CEO, Gerald Cotten, and was believed to owe customers around $200 million in various cryptocurrencies.
The bankruptcy trustee, Ernst and Young (EY), announced in 2019 that it had lost control of about 100 bitcoin because they sent the coin to Quadriga-operated cold wallets that EY said it couldn't access.
The bitcoin in these addresses remained untouched until last Friday, when bitcoin in all five addresses were transferred out.
Zachxbt said on Twitter that the majority of these funds, nearly 70 bitcoin, appear to have gone to Wasabi, a coinjoin tool.
Magdalena Gronowska, a bankruptcy inspector and member of Quadriga's creditor committee, said the funds were not moved by EY.
The wallets in question are: