The Kraken mission is to accelerate the adoption of cryptocurrency so that the world can benefit from greater financial freedom and inclusion. This is why we’ve consistently done more than provide one of the best crypto exchange experiences.
Since 2014 we have invested significant resources and lent our crypto expertise to the MtGox trustee and investigators, supporting the return of as much client funds as possible and as soon as possible. Events like this impact the entire industry, which is why we want to get involved if there’s a way we can help.
About a month ago, on January 26, QuadrigaCX (a Canadian crypto exchange with clients around the world) suspended operations. Seven weeks prior, their CEO passed away suddenly and unexpectedly, leaving the business without a continuity plan.
Supposedly, he was the only person who knew the location of and/or could access the client funds (fiat and crypto) totaling approximately $190 million US dollars (belonging to 115,000 clients). Some say the events and circumstances surrounding this case are too suspicious to be believed.
Kraken wants to bring awareness and attention to this case, in hopes that we can help discover some or all of the missing client funds.