Popular bitcoin exchange Kraken announced its readiness to pay a reward of $100,000 for information that will help in finding the cryptocurrency assets missing from the canadian exchange QuadrigaCX.
As stated on the website of the stock exchange, since 2014 Kraken has invested significant resources and provided expert assistance to the Trustee and the investigators, leading the case of Mt. Gox, supporting the return to creditors exchange the greatest possible number of bitcoins.
Kraken is giving up to $100,000 USD (fiat or crypto) as a reward for the tip(s) that best lead to the discovery of the missing $190 million US dollars. Can you help us unravel the Curious Case of Cotton’s Coins?https://t.co/BurmEMKVku
— Kraken Exchange (@krakenfx) February 28, 2019
“Such events have an impact on the entire industry, and so we if can help, I also want to be involved in it,” — said the head of Kraken Jesse Powell.
According to him, the exchange wants to raise awareness about the case QuadrigaCX and attract attention. Kraken hopes she can help find at least part or all of the missing customer funds.
Simultaneously, the exchange launched a podcast with the participation of Jesse Powell’s, which published all possible known information about the case QuadrigaCX and supposed death of its founder and CEO Gerald Cotto.
What do you think happened to the missing #Quadriga $190M USD after new revelations & eye-opening analysis heard at https://t.co/IaHxCSJLis or seen at https://t.co/qCYwarG6O9 ? pic.twitter.com/C9ojOxWM0p
— Kraken Exchange (@krakenfx) March 1, 2019
As stated by the exchange, information that will help in finding the missing funds, she intends to pass on to law enforcement. Reward informants can be paid in cryptocurrency and Fiat.
According to experts, the debt QuadrigaCX front of customers is $190 million ($137 million in cryptocurrency and $53 million in Fiat). This amount is due to previously unreported liabilities may, however, be higher by $6 million.
Earlier it was reported that QuadrigaCX gave the rest of the cryptocurrency auditing company Ernst & Young (EY).