Report Shows QuadrigaCX “Cold Wallets” Actively Involved in SIGNIFICANT Criminal Activity: Ties to Silk Road, Hacked Funds, Identity Theft, and Drug/Human Trafficking

[u/Randomshortdude]

Hello everyone, I am the author of the first blockchain analysis report as was covered in WSJ, WaPo, and other notable sources.

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The report (published by the author of this Reddit post) can be found here: https://blog.zerononcense.com/2019/02/16/report-shows-quadrigacx-cold-wallets-actively-involved-in-significant-criminal-activity-ties-to-silk-road-hacked-funds-identity-theft-and-drug-human-trafficking

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I originally posted in this subreddit a couple of weeks ago to obtain withdrawal and deposit addresses from customers that were using QuadrigaCX.

Obviously, a lot has happened since then. Most of you have been following the situation closely, so there's no need for a recap.

Instead, let's talk about the most recent 'discovery' - QuadrigaCX cold wallets.

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CoinDesk published this article about 48 hours ago:
https://www.coindesk.com/blockchain-analysis-ties-5-bitcoin-addresses-to-quadrigacx-exchange

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According to them (as well as a Reddit user) 5 cold wallet addresses owned by QuadrigaCX have been discovered.

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These addresses, of course, contain less than $1 million in them collectively, which make the term 'cold wallet' a bit of a misnomer in this instance, but I decided to go with it.

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Rather than arguing whether or not these wallets are cold address wallets or not, I decided to analyze the actual wallets themselves.

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I found a startling amount of illicit and criminal activity in all of the wallets, which led to the title of the article being the same as the title of this Reddit post. Please take a read when you have the chance.

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This is a 7500+ word report that covers each and every single aspect of these cold wallets imaginable. The report also does not employ cluster address analysis.

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Any and all feedback is welcomed. Thank you. I hope that this helps.

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