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A day back it was revealed that a handful of wallets connected to the now-defunct Canadian exchange QuadrigaCX abruptly moved 104 Bitcoins [BTC] out of cold 24 de sept. de 2025 How are the Big Four accounting firms approaching decentralized ledgers? We take a look at where their interests lie and the efforts made so far. As blockchain EY addressed the bitcoin movements in a “notice to affected users” that highlights the “unauthorized transfer of Quadriga bitcoin.” According to the EY’s “Second Report of the Monitor,” QuadrigaCX transferred almost all its online crypto to the auditor on Feb. 14, following some initial testing EY went on to declare in February 2025 that it had lost control of around 100 BTC after accidentally transferring the currency to cold wallets managed by Quadriga. The Ernst & Young said it has become aware that bitcoin (BTC) that'd been sitting QuadrigaCX's cold wallets has been moved elsewhere, according to a statement Tuesday. 7 de sept. de 2025 The Big FourDeloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Young (EY)are the largest accounting firms in the world. Few corporate matters escape And on Thursday, EY confirmed that, as expected, it had taken control of the funds by transferring the crypto from QuadrigaCX’s accounts to the professional services firmâ More than 100 BTC moved out of Quadriga-linked wallets over the weekend. Ernst & Young said it has become aware that bitcoin (BTC) that'd been sitting QuadrigaCX's The Big Four accounting firms (Deloitte, EY, PwC, and KPMG) affirm the cryptocurrency’s worthiness by embracing it and continuously adapting their services for new

EY Aware of QuadrigaCX Bitcoin Transfer: What Happened to the 100 BTC?

The collapse of Canadian cryptocurrency exchange QuadrigaCX continues to generate headlines, particularly surrounding the whereabouts of its Bitcoin holdings. Recently, the Big Four accounting firm EY (Ernst & Young) acknowledged movement of Bitcoin from QuadrigaCX\'s cold wallets, reigniting interest in the case. This article delves into EY\'s involvement, the details of the transferred Bitcoin, and the broader role of Big Four accounting firms in the cryptocurrency space. A day back it was revealed that a handful of wallets connected to the now-defunct Canadian exchange QuadrigaCX abruptly moved 104 Bitcoins [BTC] out of cold.

EY\'s Involvement and the QuadrigaCX Investigation

As the monitor appointed to oversee the QuadrigaCX bankruptcy proceedings, EY has been tasked with recovering assets and investigating the exchange\'s operations. EY confirmed that, as expected, it had taken control of the funds by transferring the crypto from QuadrigaCX’s accounts to the professional services firm. The Ernst & Young said it has become aware that bitcoin (BTC) that\'d been sitting QuadrigaCX\'s cold wallets has been moved elsewhere, according to a statement Tuesday. This awareness followed a significant event: More than 100 BTC moved out of Quadriga-linked wallets over the weekend.

The "Unauthorized Transfer of Quadriga Bitcoin" and EY\'s Response

EY addressed the bitcoin movements in a “notice to affected users” that highlights the “unauthorized transfer of Quadriga bitcoin.” According to the EY’s “Second Report of the Monitor,” QuadrigaCX transferred almost all its online crypto to the auditor on Feb. 14, following some initial testing. In a notable incident, EY went on to declare in February 2025 that it had lost control of around 100 BTC after accidentally transferring the currency to cold wallets managed by Quadriga. This accidental transfer highlights the complexities and challenges faced when dealing with cryptocurrency assets in bankruptcy proceedings.

The Larger Picture: Big Four and Cryptocurrency

The QuadrigaCX case underscores the increasing involvement of the Big Four accounting firms (Deloitte, EY, PwC, and KPMG) in the cryptocurrency ecosystem. 7 de sept. de 2025 The Big FourDeloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Young (EY)are the largest accounting firms in the world. Few corporate matters escape. These firms are providing audit, tax, and advisory services to cryptocurrency businesses, as well as helping to develop regulatory frameworks for the industry. As blockchain Ernst & Young said it has become aware that bitcoin (BTC) that\'d been sitting QuadrigaCX\'s The Big Four accounting firms (Deloitte, EY, PwC, and KPMG) affirm the cryptocurrency’s worthiness by embracing it and continuously adapting their services for new. How are the Big Four accounting firms approaching decentralized ledgers? We take a look at where their interests lie and the efforts made so far. Their involvement signifies the growing legitimacy and acceptance of cryptocurrency within the mainstream financial world. Their work also validates cryptocurrency’s worthiness by embracing it and continuously adapting their services.

Conclusion

The movement of 104 Bitcoins (BTC) from QuadrigaCX-linked wallets and EY\'s subsequent awareness of the event highlight the ongoing challenges in recovering assets from the collapsed exchange. The case also underscores the increasing role of Big Four accounting firms in navigating the complexities of the cryptocurrency landscape.