BREAKDOWN: Why Are a Dead Guy's Crypto Coins Moving?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 21 December 2022
⏱️ 18 minutes
🧾️ Download transcript
Summary
104 bitcoins are moving from wallets controlled by the deceased CEO of QuadrigaCX.
This episode is sponsored by Nexo.io, Circle and Kraken.
Ah, what a perfect way to end a year of fraud, deception and disappointment. Earlier this week, on-chain sleuths noticed that more than 100 BTC were on the move from wallets that were controlled by and theoretically only accessible to former QuadrigaCX CEO Gerald Cotten. The problem? Cotten was supposed to have died in December of 2018.
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Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.
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Kraken, the secure, trusted digital asset exchange, is our sponsor for today's show. Kraken makes it easy to instantly buy 185+ cryptocurrencies with fast, flexible funding options. Your account is covered by regular Proof of Reserves audits, industry-leading security and award-winning Client Engagement, available 24/7. Sign up and trade today at kraken.com/breakdown.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “Glasgow” by Falls. Image credit: solar22/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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Transcript
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| 0:53.8 | Welcome back to The Breakdown with me, NLW. |
| 0:59.0 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:04.9 | The breakdown is sponsored by nexo.io, Circle, and Cracken, and produced and distributed by CoinDes. |
| 1:14.2 | What's going on, guys? Itnesday december 21st and today we are talking about why a dead guy's crypto is on the move before we get |
| 1:21.7 | into that however if you are enjoying the breakdown please go subscribe to it give it a rating give |
| 1:25.4 | it a review or if you want to dive deeper into the conversation, come join us on the Breakers Discord. |
| 1:30.4 | You can find a link in the show notes or go to bit.ly slash breakdown pod. |
| 1:34.5 | Also, today I'm excited to welcome additional sponsor CryptoWatch. |
| 1:38.4 | CryptoWatch is the last crypto app you will ever need. |
| 1:41.9 | You can track prices up to two times faster than other apps, catch |
| 1:45.2 | market movements as they happen with powerful charting tools and custom alerts, sync your |
| 1:49.3 | portfolio and trade across multiple exchanges. And of course, stay in the community conversation |
... |
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