Crypto Whales Move $92 Million in Bitcoin, Robots Target Ripple and XRP, and the QuadrigaCX Saga Takes a New Twist
According to a new court filing, the embattled Canadian crypto exchange QuadrigaCX claims that on February 6 it accidentally sent $468,675 in Bitcoin to cold wallets it can no longer access. The company alleges that it’s working “to retrieve this cryptocurrency from the various cold wallets, if possible.”
The exchange says its former CEO passed away in December, and was the only one with access to all of the company’s cold wallets.
The latest vanishing batch of Bitcoin is part of a larger loss. In total, the exchange says, despite efforts, it’s unable to retrieve $145 million ($190 million CAD) worth of its customers’ digital assets since Gerald Cotten passed away in India last year.
Ripple and XRP
Twitter bots appear to be targeting users who follow Ripple on Twitter, sending a “warning” against investing in XRP. The bots have sent dozens of tweets in the past 24 hours. Here’s a look at two of the tweets sent by the FUD-spreading robots.
You recently follow Ripple on Twitter? If you want to buy XRP it's a big no no. It's been known the dev team had already abandon the project for another one.
— Heather Hosley (@HosleyHeather) February 12, 2019
You still follow Ripple at this time? If you're thinking about buying XRP, think twice. As I know, dev team is quitting to creat another project. Run as fast as you can
— Cedric Tidwell (@tidwell_cedric) February 13, 2019
Three Bitcoin whales have moved a total of $92 million in Bitcoin in the last 24 hours. None of the transfers appear to be traders gearing up to sell.
The biggest whale sent 20,000 Bitcoin worth about $72 million from one unknown wallet to another.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 20,000 #BTC (72,582,941 USD) transferred from Unknown wallet to Unknown wallet
— Whale Alert (@whale_alert) February 13, 2019