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Crypto exchange mistakenly sends 103 bitcoin to wallet it’s locked out of

sudshr47 February 13, 2019

When it comes to cryptocurrency, things can always get worse.

Earlier this month, news broke that QuadrigaCX, a Canadian cryptocurrency exchange, lost access to $190 million worth of customer crypto after the founder died — taking sole knowledge of the account passwords to the grave.

Now, it looks like it screwed up again. According to a preliminary report filed by Ernst and Young, which is acting as a court-appointed monitor for the company, QuadrigaCX sent a so-called cold storage wallet 103 bitcoin (worth more than $460,000) after it had been locked out.

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