QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
$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.
