Miller Thompson Llp., a law firm representing the defunct cryptocurrency exchange QuadrigaCX, has hired consultancy firm Kroll to investigate the $190 million lost from the exchange in 2019. Kroll will also be working with its partner Coinfirm, a specialist in blockchain forensics and anti-money laundering compliance, according to a report by Coin Telegraph.
The exchange has been wrapped in controversy since last year when its founder Gerald Cotten allegedly passed away right after moving virtual keys for the $190 million in user funds into cold storage, according to another Coin Telegraph report.
Coinfirm and Kroll will analyze a subset of transaction data with Coinfirm’s blockchain analytics engine that can trace crypto assets, investigate fraud and recover assets.
Due to the ongoing investigation and sensitive data in the report, Kroll will not give further details of its analysis, according to the report.