Cryptocurrency exchange QuadrigaCX given 30-day lifeline to find ‘lost’ $134M

Cryptocurrency exchange QuadrigaCX given 30-day lifeline to find ‘lost’ $134M

2019-2-6 14:50

Troubled cryptocurrency exchange QuadrigaCX has been granted an order for creditor protection by a Canadian supreme court. The court-issued order means QuadrigaCX will have 30 days of initial protection from its creditors to allow it to come up with a ‘Plan of Arrangement’.

The time period can be extended by the court if QuadrigaCX is able to demonstrate that it will likely file a Plan of Arrangement and the extension is not damaging to creditors. Based in Vancouver, QuadrigaCX ran into trouble after the reported sudden death of its founder and sole director Gerald Cotten, which meant the exchange was…

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quadrigacx exchange court creditors plan cryptocurrency protection

Источник: thenextweb.com

quadrigacx exchange → Результатов: 61

Disgraced Crypto Exchange QuadrigaCX Officially Declared Bankrupt

Canadian crypto exchange QuadrigaCX has filed for bankruptcy as the attempt to restructure the company has failed. The move was approved Monday by a Nova Scotia judge, the country’s national broadcaster reported.

2019-4-9 14:46	QuadrigaCX
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Former QuadrigaCX Attorney Claims Crypto Exchange Was Sent Down Path of “Lawlessness”

The story of the now defunct QuadrigaCX crypto exchange has captivated the entire cryptocurrency industry over the past couple of months, as it has been filled with absurd revelations and strange twists that seem more akin to the plot of a movie rather than a real-life occurrence.

2019-3-29 02:00	QuadrigaCX
quadrigacx exchange crypto former attorney lawlessness path

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Crypto Exchange Kraken Offers $100,000 for Information Pertaining to QuadrigaCX Funds

On February 28, 2019, cryptocurrency exchange platform Kraken announced through a blog post that it was offering up to $100,000 as a reward for legitimate tips passed by people regarding the QuadrigaCX exchange fiasco.

2019-3-3 08:00	Wallet
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Kraken Bounties $100,000 in Rewards for Discovery of Quadrigacx Exchange’s Crypto Funds

San Francisco based crypto exchange Kraken just announced that they are going to offer up to $100,000 to someone who can provide the answer to the question; What happened to QuadrigaCX’s coin? What’s happening with QuadrigaCX? The sudden death of Gerald Cotton, the CEO of QuadrigaCX, Canadians first cryptocurrency exchange threw the crypto world into […]

2019-3-1 08:36	News
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know

QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.

2019-2-26 22:21	Law & justice
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Bad Streak for Bitcoin Exchange QuadrigaCX: Another $400k Lost

CoinSpeaker Bad Streak for Bitcoin Exchange QuadrigaCX: Another $400k Lost Canadian crypto exchange QuadrigaCX has faced with new misfortune. It moved 103 Bitcoins to a wallet that it doesn’t have access to.

2019-2-13 12:34	QuadrigaCX
quadrigacx exchange another 400k bad lost streak

Lawyers May Sell Canada’s Biggest Bitcoin Exchange QuadrigaCX to Compensate Crypto Victims

CoinSpeaker Lawyers May Sell Canada’s Biggest Bitcoin Exchange QuadrigaCX to Compensate Crypto Victims After the death of QuadrigaCX CEO, $150 million of users’ funds became inaccessible.

2019-2-6 13:21	QuadrigaCX
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QuadrigaCX Crypto Exchange Users Still Can’t Get Their Money Out

QuadrigaCX users' concerns were compounded by the exchange's announcement that its CEO had died more than a month earlier.

2019-1-17 19:00
quadrigacx exchange users ceo announcement had earlier

Canadian Court Takes Custody of Crypto Exchange’s Frozen Funds

The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC).

2018-11-15 22:14	Digital assets
exchange court cibc quadrigacx accounts frozen funds

Canadian Court Takes Control Of $26 Million CAD In A Dispute Related To QuadrigaCX Exchange

A Canadian court has taken control over $26 million CAD that were claimed by the cryptocurrency exchange QuadrigaCX. The crypto trading platform is asking the funds due to a dispute related to the funds’ provenance.

2018-11-14 18:03	News
canadian related quadrigacx taken funds dispute exchange

Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute

A Canadian judge ruled that CIBC, which froze some $26 million CAD claimed by QuadrigaCX, must transfer the funds under dispute to the court.

2018-11-14 00:00
dispute funds court claimed cad million quadrigacx

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Quadrigacx Battles Bank Over $21.6M in Frozen Funds

Cryptocurrency exchange Quadrigacx has blamed an ongoing legal dispute over $21. 6 million worth of funds that were frozen by the Canadian Imperial Bank of Commerce (CIBC) in January for delays experienced by some of its customers when requesting fiat currency withdrawals.

2018-10-10 17:10	QuadrigaCX
quadrigacx frozen funds bank battles dispute cryptocurrency

Crypto Exchange QuadrigaCX Awaits Ruling on $22 Million in Frozen Funds

QuadrigaCX is waiting on a judge's decision after the Canadian Imperial Bank of Commerce froze CA$28 million in multiple bank accounts.

2018-10-10 00:00
bank million quadrigacx accounts imperial canadian commerce

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Canadian banking cartel freezes $28M belonging to cryptocurrency exchange

A Canadian banking cartel has allegedly frozen $28 million in customer funds belonging to Canada’s largest cryptocurrency exchange. Vancouver-based exchange desk QuadrigaCX claims the Canadian Imperial Bank of Commerce (CIBC) locked the money and froze accounts belonging to its payment partner, Costodian, and its owner, Jose Reyes.

2018-10-9 12:59	hard fork
exchange belonging canadian costodian banking cibc funds

Banks Hate Crypto In Canada: QuadrigaCX Exchange Sees $28M Frozen

Although Canada is widely regarded as a progressive nation when it comes to the acceptance of promising technologies and sectors, this forward-thinking hasn’t stopped local institutions from doing their utmost best to curb the growth and maturation of the Canadian crypto space via exchanges.

2018-10-9 10:50
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