Widow of QuadrigaCX CEO gives $9M to trustee to help re-pay victims

Widow of QuadrigaCX CEO gives $9M to trustee to help re-pay victims
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-10-8 11:27

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.

In statement released yesterday, Jennifer Robertson, outlined the settlement that’s been reached with the appointed trustee, Ernst & Young (EY). “I have now entered into a voluntarily settlement agreement where the vast majority of my assets and all of the Estate’s assets are being returned to QCX to benefit the Affected Users. These assets originally came from QCX at the direction of Gerry (Gerald Cotten, QuadrigaCX’s former CEO),” Robertson said in…

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Èñòî÷íèê: thenextweb.com

assets quadrigacx → Ðåçóëüòàòîâ: 40


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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


Ôîòî:

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


QuadrigaCX CEO Feared for Life, Possibly Planned $200 Million Dead Man’s Crypto Switch

By CCN. com: The late CEO of QuadrigaCX crypto exchange Gerald Cotten feared for his life due to the vast amounts of funds he exclusively controlled, a former colleague and friend has said. Per cryptocurrency entrepreneur Adam O’Brien, Cotten worried that he could be kidnapped over the crypto assets worth millions of dollars that he exclusively had access to, according to Global News: Gerry was holding, we know, over $100 million, almost $200 million dollars in funds.

2019-4-19 13:19


Failed Crypto Exchange QuadrigaCX Should Declare Bankruptcy, Blasts EY Report

Shuttered cryptocurrency exchange QuadrigaCX could be headed toward bankruptcy proceedings to give creditors the best shot at recouping assets. Ernst & Young (EY) in its latest report recommends transitioning Vancouver-based Quadriga Fintech Solutions, the exchange’s parent company, from a restructuring into bankruptcy proceedings.

2019-4-3 15:38


QuadrigaCX Is Still Looking For The Millions Of Crypto Assets Missing, Earning Another Court Extension

QuadrigaCX Is Still Looking For The Millions Of Crypto Assets That They’ve Lost, Earning Them Another Extension In Court QuadrigaCX’s court case for the retribution of funds to consumers has gone on for months, and they have already been granted a 30-day stay to protect them from creditors as they find the funds hidden amongst […]

2019-3-6 02:16


Ôîòî:

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 CEO Widow Denies Allegations on Hiding Crypto Assets from Creditors as Plot Thickens

QuadrigaCX is one of the major stories in the cryptocurrency industry right now, as the battle continues to return the funds that crypto and fiat investors have lost. In December, the CEO passed from complications associated with Crohn’s disease during international travel but signed everything into his wife’s name before his passing. It would be […]

2019-2-27 22:24


Maintenance Issues Force QuadrigaCX to Temporarily Shut Down, Could Legal Troubles to Blame

QuadrigaCX, a cryptocurrency exchange, has been in hot water for months with their own customers, considering that no one has been able to withdraw their crypto assets for months now. There has been plenty of rumors surrounding the cause, but the company did not exactly put themselves in a good position today when they notified […]

2019-1-29 17:26


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