$150 Million Scandal of Canada’s Biggest Crypto Exchange Sees New Twist in Dead CEO’s 2014 Interview

2019-2-17 15:46

The recent scandal of QuadrigaCX in which Canada’s biggest cryptocurrency exchange lost $150 million worth of crypto shocked the financial space. It deteriorated the public image of the cryptocurrency sector overnight as analysts condemned the loss of hundreds of millions of dollars following the alleged death of CEO Gerald Cotten who had sole control over the company’s holdings and user funds.

On February 16, Bloomberg reported that in 2014, Cotten emphasized the risk of storing Bitcoin private keys on a podcast and explicitly described the method utilized by the exchange to store funds. Cotten said once Bitcoin private keys are

The post $150 Million Scandal of Canada’s Biggest Crypto Exchange Sees New Twist in Dead CEO’s 2014 Interview appeared first on CCN

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exchange 150 scandal cotten ceo canada million

Источник: ccn.com

exchange 150 → Результатов: 41


New Crypto Rumors Arise Around Troubled QuadrigaCX Exchange’s $150 Million Missing Funds

We have heard what happened with the cryptocurrency exchange QuadrigaCX and all the implications that it has for the virtual currency market. The owner of the crypto exchange, Gerald Cotten, died a few weeks ago without leaving information about the private keys related to the cold storage wallet in which the exchange held most of […]

2019-2-6 18:43


Lawyers May Sell QuadrigaCX To Amend $150M Bitcoin (BTC), Crypto Debts

Canadian Crypto Exchange In Crisis The QuadrigaCX saga, nay, imbroglio has only continued for the umpteenth consecutive week. After reports arose that the company owed upwards of $150 million worth of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), along with other leading cryptocurrencies and millions in Canadian dollars, local media claims that the Vancouver, British Columbia-based […] The post Lawyers May Sell QuadrigaCX To Amend $150M Bitcoin (BTC), Crypto Debts appeared first on Ethereum World News.

2019-2-5 21:30


Where’s the ‘Missing’ $150 Million? Crypto Exchange QuadrigaCX’s Fiasco Gets Weirder with New Research

According to a cryptocurrency researcher with an online alias “ProofofResearch,” QuadrigaCX may not have a Bitcoin cold wallet nor $150 million in crypto. In a research paper, Zerononcense editor ProofofResearch stated that based on the evaluation of the company’s 31 Bitcoin addresses, no evidence to prove the existence of a cold wallet for QuadrigaCX was found.

2019-2-5 17:46


Avoiding QuadrigaCX’s $190 Million Disaster: How Do the World’s Largest Crypto Exchanges Store Funds?

Canada’s largest crypto exchange QuadrigaCX lost more than $190 million worth of user funds and is unable to reimburse its users. As CCN reported on February 1, the founder and CEO of QuadrigaCX passed away in India with sole control over the company’s cold wallets containing more than $150 million in cryptocurrencies like Bitcoin and Ethereum, and $40 million in cash stored with a third party.

2019-2-3 11:48


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2019-1-11 12:09


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Public Overwhelmingly In Favor Of Bitcoin ETFs On SEC Website

There has been an overwhelmingly positive public response for the SEC to allow the Chicago Board Options Exchange (CBOE) to trade Bitcoin ETFs. The official website for the Securities and Exchange Commission (SEC) has received well over 150 comments from members of the public at press time; almost all are in favor of CBOE’s proposal to […] The post Public Overwhelmingly In Favor Of Bitcoin ETFs On SEC Website appeared first on Crypto Briefing.

2018-7-18 01:11


Coineal (NEAL) & Spectra To Build A ‘Different Crypto Trading’ Exchange June 30

Coineal And Spectra Collaborate To Build A ‘Rocket Launch Center’ For Virtual Properties Coineal, the famous exchange platform has overcome all odds to bring out yet another innovation. The exchange platform has predicted that the income from the first-class mining account will range from 50,000 to 150,000 yuan for daily transactions. Additionally, revenue from second-class […]

2018-6-30 01:25


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Litecoin Futures Could Hit $150 Million Volume In Three Months On Tomorrow’s New Exchange Listing

British based Crypto Facilities, a futures exchange platform has announced that it will be listing Litecoin Futures as a trading option from tomorrow. At present, Crypto Facilities is a regulated futures trading platform that gives users unhindered access to cryptocurrency trading, according to the Crypto Facilities website, users of the platform are able to trade long and short with ‘50x leverage’.

2018-6-21 18:30


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Документальный фильм о крипто-мошенничестве от Netflix вызвал неоднозначную реакцию крипто-сообщества: детали

Вчера состоялась долгожданная премьера документального фильма от Netflix, который рассказывает о загадочной истории смерти основателя некогда популярной криптовалютной биржи QuadrigaCX. Сага о том, как уехавший в неизвестном направлении разработчик, прихватив с собой ключи от кошельков на сумму более $250 млн, вызвала нескончаемую критику со стороны крипто-сообщества.