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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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 | |
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The widow of the CEO of the defunct Canadian cryptocurrency exchange QuadrigaCX is surrendering personal assets to assist with the repayments of user’s affected by the exchange‘s sudden collapse.
2019-10-8 11:27 | |
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The wife of the late founder of Canadian cryptocurrency exchange QuadrigaCX is handing over roughly $9 million in assets.
2019-10-8 00:42 | |
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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 | |
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Canada’s Revenue Agency is now looking into the corporate tax returns submitted by QuadrigaCX, the troubled cryptocurrency which collapsed earlier this year, taking approximately $134 million of users’ funds with it.
2019-9-17 14:35 | |
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QuadrigaCX shut down in January 2019, following the death of CEO Gerald Cotten. Court documents indicate that the creditors are potentially owed $190 million ($250 million CAD). QuadrigaCX entered liquidation not long ago, aiming to return funds that were owed to their customers.
2019-8-16 19:49 | |
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Cryptocurrency scammers continued to swindle funds throughout Q2 2019, netting approximately $4. 26 billion so far this year. According to CipherTrace latest report, insider thefts were by far the largest offenders, netting massive loses on investors and cryptocurrency exchange users.
2019-8-13 12:22 | |
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A Nova Scotia Supreme Court judge approved more than $1.6 million in fees for the companies appointed to recover funds on behalf of QuadrigaCX's former users.
2019-7-31 20:30 | |
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Gerald Cotten, the founder of the largest Canadian crypto exchange, QuadrigaCX, potentially stole almost $200 million and reportedly died
2019-6-28 19:48 | |
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The founder of the failed Canadian cryptocurrency exchange QuadrigaCX, who died in December 2018, used clients' assets in his margin trading and deceived the users for years.
2019-6-23 16:10 | |
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Ernst & Young revealed that QuadrigaCX, a failed Canadian crypto exchange that lost almost $190 million of its users funds, may have committed fraud. Auditors found that the exchange’s late founder and CEO transferred user funds off QuadrigaCX and used them for margin trading on other exchanges, losing millions.
2019-6-21 22:19 | |
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Ernst & Young, QuadrigaCX's court-appointed monitor, has released a report showing Gerald Cotten, the exchange's deceased CEO, stole up to $200 million of users' funds, which may have been used to purchase the boat, aircraft, luxury vehicles, and gold and silver coins Cotten owned.
2019-6-21 18:55 | |
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The Canadian cryptocurrency exchange QuadrigaCX appears to have been playing with fire long before it collapsed – and took $134 million with it – earlier this year. According to the latest report from administrators, EY, QuadrigaCX had been operating a fraudulent cryptocurrency exchange.
2019-6-20 11:32 | |
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Victims in the aftermath of the QuadrigaCX scandal have been called on to provide information by the United States Federal Bureau of Investigation
2019-6-5 19:03 | |
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Victims in the aftermath of the QuadrigaCX scandal have been called on to provide information by the United States Federal Bureau of Investigation
2019-6-4 19:03 | |
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The Internal Revenue Service’s Criminal Investigation Division, the U. S. Attorney General’s office for the District of Columbia, the Department of Justice’s Computer Crime and Intellectual Property Section, and the FBI have all begun investigating the events of now-defunct Canadian crypto exchange QuadrigaCX.
2019-6-4 18:45 | |
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On January 14, Cryptopia experienced its major hack and QuadrigaCX announced the death of its founder and CEO Gerald Cotten, causing users of both exchanges to experience frozen withdrawals. While the coincidence is enticing, the real connection between the two exchanges appears to be the lack of regulatory oversight.
2019-5-30 18:57 | |
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The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.
2019-5-25 21:56 | |
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Ever since the QuadrigaCX case opened up to the public, the risks of blockchain technology are becoming a huge topic for conversation around cryptocurrency circles. The loss of over $190 million USD of users’ funds due to the lack of a private key to the cold wallet storage highlights these types of risks a blockchain […]
2019-5-3 20:38 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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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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Bitcoin withdrawals from the QuadrigaCX cryptocurrency exchange came from other exchanges, according to some Reddit users
2019-4-12 20:08 | |
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Parallel to the official investigation, Reddit users are digging out any related information to the now-defunct exchange.
2019-4-11 15:34 | |
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It’s been a long and winding road with many twists and turns for the beleaguered cryptocurrency exchange QuadrigaCX and its 115,000 former users who are owed roughly $190 million.
2019-4-10 17:39 | |
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Andreas Antonopoulos Says QuadrigaCX Shows Why Crypto Users Shouldn’t Trust Third Parties Earlier this year, the QuadrigaCX cryptocurrency exchange announced it went bankrupt because the owner of the platform, who handled the cold storage wallets, did not leave the private keys of the exchange.
2019-3-29 20:38 | |
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In a recent YouTube session, Bitcoin proponent and author of Mastering Bitcoin, Andreas Antonopoulos, said that people need to learn the “fundamental lesson” of not trusting third-party platforms while dealing with their cryptocurrencies.
2019-3-29 03:30 | |
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Law firms Miller Thomson and Cox & Palmer have appointed a new committee to aid them in representing close to 115,000 customers of the now defunct Canadian cryptocurrency exchange QuadrigaCX. This according to a court notice published March 19, 2019.
2019-3-22 12:00 | |
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Law firms Miller Thomson and Cox & Palmer have established a committee to help provide guidance in representing affected clients of QuadrigaCX
2019-3-21 02:30 | |
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A creditors' committee has been formed for users of the failed QuadrigaCX exchange, and it includes a former Mt Gox customer.
2019-3-21 00:15 | |
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As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
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Litecoin prices stable and bullish QuadrigaCX founder had the best interests in mind and cared for his customers Transaction volumes low but revival depends on LTC demand Cotten’s window now says his husband had the best intentions and interest for QuadrigaCX users as the search of $190 million worth of Bitcoins and other assets continue.
2019-3-14 22:00 | |
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We have heard in January and February how users of the cryptocurrency exchange QuadrigaCX have been affected after the death of the owner of the crypto exchange, Gerald Cotten. The owner of the platform was the only one in control of the private keys of the wallets used by the exchange. Until now, it was […]
2019-3-10 18:31 | |
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According to pseudonymous cryptocurrency researcher “I am Nomad” and a report from The Block, QuadrigaCX co-founder Michael Patryn traded large Bitcoin positions on BitMEX surpassing the tune of $8 million.
2019-3-8 20:36 | |
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The death of Canadian crypto exchange, QuadrigaCX’s CEO, Gerald Cotten has sparked outrage within society, as Cotten was the only one to have access to nearly $137M in cryptocurrencies. Said amount evidently belonged to the crypto exchange’s 115,000 users.
2019-3-7 18:07 | |
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A Nova Scotia Supreme Court Justice has given defunct cryptocurrency exchange QuadrigaCX a 45-day extension to search for $140 million worth of missing crypto assets. Judge Michael Wood extended the creditor-protection deadline to April 23, which would protect Quadriga from potential lawsuits.
2019-3-6 14:21 | |
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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 | |
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The infamous QuadrigaCX case, where $190 million in user funds went missing following the death of Quadriga CEO Gerald Cotten,… The post $90M Worth of ETH Lost by QuadrigaCX Has Been Located – Is There Hope for Quadriga Users? appeared first on Invest In Blockchain.
2019-3-1 21:43 | |
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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 | |
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Two law firms have been appointed to represent the clients of insolvent Canadian crypto exchange Quadrigacx in court. The number of affected users has been estimated at approximately 115,000 and lawyers will have to contact as many as they can.
2019-2-20 20:15 | |
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Judge Michael Wood had previously delayed a decision to name legal representation.
2019-2-20 03:14 | |
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Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal.
2019-2-20 00:52 | |
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A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation.
2019-2-15 01:45 | |
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Despite the delay, law firm proposals and affidavits shed light on the experience of the affected users caught in the middle of this long process.
2019-2-15 23:30 | |
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For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc.
2019-2-15 20:28 | |
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The conspiracy theory surrounding QuadrigaCX began with the December 9, 2018, death of the exchange’s CEO. Chief Executive Officer (CEO), Gerald Cotton, took the only private keys to the grave, depriving users of $190 million in frozen funds.
2019-2-14 14:00 | |
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Law firms jockeying to represent users of QuadrigaCX will appear before a Canadian court Thursday to see which teams get the nod.
2019-2-14 08:00 | |
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According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019.
2019-2-13 03:56 | |
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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 | |
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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 | |
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QuadrigaCX co-founder Michael Patryn is risking losing assets as the Canadian province of British Columbia pursues an “unexplained wealth order” amid allegations of fraud. QuadrigaCX co-founder Michael Patryn has come under the spotlight once again after the British Columbia Civil…
The interim distribution to users will account for 87% of the funds the collapsed exchange’s Trustee is currently holding.
Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million owed to creditors.
Bitcoin linked to the now-defunct QuadrigaCX exchange has been identified to be on the move. The bitcoins which had been previously thought to be inaccessible were mysteriously moved out of multiple wallets, sparking speculations on who might have access to the wallets.
After years of dormancy, $1.7 Million BTC has been spotted moving in between five wallets connected to QuadrigaCX. This brings a question on whether that was Ernst & Young trying to recover funds.
Coinsquare, one of Canada's biggest digital asset trading platforms, is set to acquire 12% of publicly-traded CoinSmart on a Pro-forma basis for $3 million cash and 5,222,222 common shares. The post Canada Bolsters Crypto Exchange Offering as CoinSmart Announces Acquisition by Coinsquare appeared first on BeInCrypto.
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.