Kraken Offers $100k Bounty for Finding Lost QuadrigaCX Funds
William M. Peaster's original article for blockonomi.com reduced by 57%
Last month, Canadian cryptocurrency exchange QuadrigaCX shuttered operations and filed an affadavit with the Nova Scotia Supreme Court saying it owed its customers nearly nearly $200 million USD. Why? Now, San Francisco-based cryptocurrency exchange Kraken has offered a bounty as high as $100,000 for "Information leading to a significant break in the case or recovery of the missing client funds." Kraken announced the reward offer in a February 28th email to its users, saying it would forward tips "On to the RCMP, FBI, and other interested law enforcement agencies." The exchange cast the campaign as part of its "Mission is to accelerate the adoption of cryptocurrency so that the world can benefit from greater financial freedom and inclusion," adding that the "Circumstances surrounding this case are too suspicious to be believed." Kraken's new bounty offer marks an acceleration of the exchange's involvement in the Quadriga episode. "Kraken is offering up to a $100,000 USD reward for information leading to a significant break in the case or recovery of the missing client funds.
It is up to Kraken's sole discretion which tips warrant a reward, if any. The total of all rewards will not exceed $100,000 USD. Kraken may end this reward program at any point in time." "Rather to the contrary, this report believes that Jennifer Robertson, the Court Monitor, and all other related individuals at QuadrigaCX were and are unaware of the fact that Gerry Cotten sent these funds to these exchanges." The last transactions sent from the identified addresses were sent on Dec.
8th, 2018, one day prior to Cotten's alleged death on Dec. 9th. A Reddit post later indicated that Edward's work had been submitted to Kraken's bounty program.
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