Quadriga's house of cards has finally collapsed.
For nearly three months now, customers of the Canadian exchange that declared bankruptcy in January have been questioning the company's official narrative - outlined in a series of court filings - that it had suddenly lost access to more than $150 million in customer deposits due to the sudden death of its founder, Gerald Cotten. And as it turns out, everybody who thought the company was hiding something by refusing to disclose the public keys to the "cold storage" wallets purportedly holding the lost crypto fortune, has now been proven right.