QuadrigaCX Founder’s Widow Will Cough Up $9 Million to Repay Users

2019-10-8 23:24

Bankruptcy trustee EY and the widow of QuadrigaCX founder Gerald Cotten have come to a settlement – with affected users of the defunct exchange getting a $9 million payout.

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QuadrigaCX Founder’s Widow to Compensate Exchange Hack Victims

Jennifer Robertson — the widow of late QuadrigaCX founder, Gerald ‘Gerry’ Cotten, has agreed to hand over assets belonging to the defunct bitcoin exchange in compensation of affected users. Liquidating Assets Belonging to QuadrigaCX Bitcoin Exchange According to CBC News, Robertson is set to hand over QuadrigaCX assets still in her possession to Ernst & Young — Trustees of the bitcoin exchange’s liquidation proceedings.

2019-10-8 13:30


Defunct Crypto Exchange QuadrigaCX Headlines Continue; Canadian Revenue Agency Begin’s Tax Audit

A new authority joins the investigative search on Quadriga CX, bankrupt digital asset exchange that lost over $190 million USD of customer’s funds. Ever since the Quadriga CX case broke out, whereby the Canadian digital asset exchange CEO, Gerald Cotton, reportedly died in India taking to the grave the private keys of users’ funds, a […]

2019-9-17 17:18


Фото:

Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

2019-4-27 01:30


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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.

2019-3-5 20:20


QuadrigaCX Victims Won’t Get Any Help from Canadian Regulator Over $136 Million in Lost Crypto

In what is the latest twist in the ongoing QuadrigaCX saga, there is some more bad news for users of the Canadian exchange, as the British Colombia Securities Commission (BCSC) said on Thursday that the exchange does not fall under its purview, which means that users are not entitled to any kind of investigative or compensatory action by the regulator.

2019-2-9 14:33


Фото:

A primer on QuadrigaCX, the curious $134M cryptocurrency mystery

QuadrigaCX, one of Canada’s largest cryptocurrency exchanges, made headlines all over the world after the sudden death of its founder resulted in the loss of $134 million of users’ funds. The news came months after the troubled exchange had been complaining about banking issues, with some users describing problems with fiat and crypto withdrawals.

2019-2-8 18:38