QuadrigaCX Granted 45-Day Court Extension to Find $140 Million in Missing Crypto

2019-3-6 14:21

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.

The Canadian exchange owes a total of $250 million to its 115,000 users, out of which $140 million has been missing since the mysterious sudden death of Quadriga’s CEO, Gerald Cotten, in December. He allegedly succumbed to Crohn disease while traveling in India’s Jaipur City. Cotten was the only person who had security credentials to access QuadrigaCX’s crypto

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million crypto quadrigacx missing 140 extension 45-day

Источник: ccn.com

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$136 Million in Missing Crypto From QuadrigaCX Could be Gone Forever: WSJ

Canada’s largest digital asset exchange QuadrigaCX has claimed to have lost more than $136 million worth of crypto in cold wallets controlled by its CEO Gerald Cotten. In an official affidavit filed with the Nova Scotia Supreme Court by Jennifer Robertson, the widow of Cotten, Robertson claimed Cotten passed away in India with the sole control over user funds.

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