Independent researchers have identified financial links between crypto exchange QuadrigaCX and a shady company.
The accusation surfaced after Spoofy McSpoofface, a Twitterati, found that the Canadian exchange had asked its customers to deposit money into a bank account owned by Hong Kong-based Valoris HK Ltd. The profile shared the screenshot of a Reddit thread from 2018 to validate its claims.
Like other forex and binary options scammers, Quadriga directed some of its customers to deposit money into “Valoris HK Ltd.,” at Bank Pekao in Warsaw, Poland. #cryptocapitalhttps://t.co/UJLWwgQWGP pic.twitter.com/ZnjTmtPAdf
— Spoofy McSpoofface (@ExkrementKoin) February 11, 2019
In the thread, an unverified QuadrigaCX user claimed that the exchange was asking him via email to wire his deposits to Volaris’ bank account. In its response, QuadrigaCX confirmed that Crypto Capital, their international payments company, had sent the concerned email. It had explained:
“For wire transfers, we use the international payments company, Crypto Capital. These instructions are for our account with them. Unfortunately, banks in Canada will not permit Bitcoin companies to have bank accounts at their institutions.”
Valoris Connected to Binary Options Scammers?
The case, as mentioned above, confirmed that QuadrigaCX was using an offshore company called Valoris HK Ltd. for receiving