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Bitcoin mainnet · On-chain lore · 2018-2019

On-chain record · medium source confidence

QuadrigaCX cold wallet addresses

QuadrigaCX, a Canadian exchange, collapsed in early 2019 after the reported death of its founder, who was described as the only person able to access the exchange's cold storage. Court-appointed monitor Ernst & Young reported that it had identified six bitcoin cold wallets, that five had held no bitcoin since April 2018, and that the sixth appeared to have been used only to route funds into the exchange's hot wallet. Independent blockchain analysis published a set of addresses said to correspond to that cold storage. Several of those addresses saw movement again in December 2022, which the monitor said was not authorised by it.

Research author: · Group author: · Published 2026-08-06 · Internal review: · Corrections

Bitcoin ancestry star map for QuadrigaCX cold wallet addresses, 3 degrees from the first bitcoin 1°2°3°SATOSHI20132016QUADRIGACX COLD WALLET…1HyYMM…UzVa3° FROM THE FIRST BITCOIN
3 hops from the working origin.
1 of 6 documented addresses
1HyYMMCdCcHnfjwMW2jE4cv9qVkVDFUzVa

address published as one of QuadrigaCX's bitcoin cold wallets

Era
2018-2019
Script
P2PKH
First seen
April 2014
Connected
June 2016
Evidence
4 sources
First seen
April 2014
Connected
June 2016
Route display ID
3°-7B22-1F9BDisplay identifier only — not proof of ownership.
2 additional population comparisons
Global contextCloser than 99.9% of scored addresses
Connection contextConnected earlier than 91.2% of scored 3° addresses

Evidence boundary

What is — and is not — established

The five cold-wallet addresses were identified by a Reddit analyst ("Decoze") and republished by CoinDesk — that is third-party clustering, not the monitor's own address list, which could not be fetched from EY's document centre this session, so the mapping to EY's "Identified Bitcoin Cold Wallets" is inference. Only 3N8auHdN9rtmHDHqNnXK4eWhfukBAQcve1 is described as appearing in a court affidavit, and that description is CoinDesk's. On-chain these addresses are drained (funded and spent totals match), so "empty cold wallets" is literally accurate; dormancy is flagged because renewed movement on them has previously been newsworthy.

The dossier

Evidence record

Address record

Role
address published as one of QuadrigaCX's bitcoin cold wallets
Script
P2PKH
Category
On-chain lore
Source confidence
medium
Catalog reviewed
2026-08-06
View all 6 documented addresses
  1. 011HyYMMCdCcHnfjwMW2jE4cv9qVkVDFUzVaP2PKH · representative
  2. 021JPtxSGoekZfLQeYAWkbhBhkr2VEDADHZBP2PKH
  3. 031MhgmGaHwLAvvKVyFvy6zy9pRQFXaxwE9MP2PKH
  4. 041ECUQLuioJbFZAQchcZq9pggd4EwcpuANeP2PKH
  5. 051J9Fqc3TicNoy1Y7tgmhQznWrP5AVLXj9RP2PKH
  6. 063N8auHdN9rtmHDHqNnXK4eWhfukBAQcve1P2SH

Source ledger

4 cited
  1. coindesk.com/…/blockchain…change
  2. coindesk.com/…/ey-says-it…nsfers
  3. cbc.ca/…/cryptocurr…040099
  4. mempool.space/…/1HyYMMCdCc…DFUzVa
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