Inactive wallet transfers more than 100 Bitcoins 

      In a report released on December 19 by Bitcoin researcher ZachXBT, five inactive wallets associated with QuadrigaCX unexpectedly turned active on December 17. Additionally, this material has reignited interest among seasoned bitcoin investors.

A Mystery of Bankruptcy 

     QuadrigaCX was one notable Canadian exchange. The company claimed that only Gerald Cotten owned the private keys to the cold wallets storing its cryptocurrency when it filed for bankruptcy, the day after Gerald Cotton, the CEO of QuadrigaCX, passed away while he was in India.

A Masterplan to Steal

     Gerald Cotten is said to have copied the private keys to those wallets and stored them in a safe deposit box on the exchange, where others with access waited for the litigation to be resolved before seizing the opportunity to steal investors' money.

Rescue & Blame Game Starts 

     Now both the company's trustees, Ernst and Young, are under suspicion, and some platforms have immediately jumped to the rescue of the sceptics without any investigation, deepening the suspicion.

Is That You Gerald Cotten? 

     Some people are now suspecting that Gerald Cotten faked his death, he is alive and himself stole investors' money.