Shouldn't the whole Quadriga scandal be bullish? If keys are lost forever, it means 26k BTC are gone. Less supply = higher price right?
They are not lost. They have confirmed the coins stored (on another exchange) have been moving. And I do not think this is how the available supply (people apply to circulate their coins) of bitcoin works.
WTF! If this is indeed true then this is another fucking scam!
Well of course it went this way. One point of access of all the customers assets? Their news from canada even has reported on it as such and already announced their customers have lost their money & cryptocurrency. https://youtu.be/2RO9-DcCP0c
Won't it be fun watching the treads following those "locked up" coins move from wallet to wallet.