Unconfirmed: Insights And Analysis From The Top Minds In Crypto

The QuadrigaCX Case: Taylor Monahan on What We Know From the Blockchain - Ep.059

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Sinopsis

To hear that a 29-year-old died of complications from Crohn's disease is shocking enough. But it's practically unbelievable when the person in question was in charge of a crypto exchange that held an estimated $150 million of customer funds and that he was the only person with access to the reserves. That's what many in the crypto community thought last week when news of the death of Gerald Cotten, the CEO of Canadian crypto exchange QuadrigaCX, spread. Taylor Monahan, the CEO of MyCrypto, looked at the Ethereum blockchain itself to see what could be gleaned from QuadrigaCX's holdings. She talks about whether or not the exchange had "cold storage" -- addresses in which customer funds were held, what Quadriga was doing with customer funds and why some of the choices it was making seem at odds with the typical operations a crypto exchange. She also discusses what crypto users can take away from this debacle. Thank you to our sponsor! CipherTrace: http://ciphertrace.com/unconfirmed Episode links: Taylor Mona