Paul Vigna
speaker
1,291 appearances
13 recordings
1 series
first heard Jul 2017
last heard Apr 2022
Paul Vigna’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Cryptocurrency Mystery: How Did $140 Million Disappear? · 7 Feb 2019
podcast
That's when they say, oh, by the way, this $140 million worth of customer assets that we have is in a cold wallet that Cotton was the only guy with the key to it.
We can't get in it.
Yes, yes.
But what happened was people started saying that story doesn't sound correct.
Some people doubted the story and they went back and they started trying to trace the money flows through Quadrica.
Yes, the story on February 6th, which you can do because every transaction is held, is on this public ledger, the blockchain.
Right.
So what a few people are starting to conclude is that the cold wallets with all this money being held aren't actually holding any money, that the money is elsewhere.
That's what they're saying.
And there's some sort of vicious activity, perhaps.
Yes.
Look, I have to be very, very careful.
Right.
And and the story, if you go read it, you will see there are other people doubting that you could conclusively find these cold wallets through this sort of forensic history of the block chain.
But a few people are starting to say, look, we don't think that these cold wallets with $140 million worth of crypto are actually holding $140 million worth of crypto.
We think they may be holding virtually nothing and the money may be elsewhere.
That's a big issue.
That's a really big issue.
What happened to the money?
Is that right?
Showing 721–740 of 1,291 · page 37 of 65
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