$43 000 USD

MARCH 2015

PANAMA

COINAPULT

DESCRIPTION OF EVENTS

“Coinapult COO and CFO Justin Blincoe stressed that the hot wallet was used only for funds owned by the bitcoin wallet and service provider, and that no customer funds were affected.”

This appears to have not affected any customer deposits. In general, hot wallets cannot be considered safe storage.

Sources And Further Reading

 For questions or enquiries, email info@quadrigainitiative.com.

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