Tagged: quadrigacx

Ontario Securities Commission Says It’s Looking Into Locked Funds Affair at Crypto Exchange QuadrigaCX

The Ontario Securities Commission has stated that it is “looking in” problems at Quadriga CX after it was revealed last week that the Canadian cryptocurrency exchange has been put into credit protection following the December death of its founder, Gerald Cotten. Matters have been further… Read More

Report Profiles QuadrigaCX User Who Lost Life Savings in Crypto Exchange Debacle

There have been innumerable cryptocurrency exchange hacks and failures. A combination of poor security protocols and the lure of digital currency which can be easily laundered has engendered hundreds of millions of dollars in losses. The most recent debacle is the collapse of Canadian crypto… Read More

Indian Hospital Confirms Death of QuadrigaCX Crypto Exchange CEO, $190 Million Still Missing

The hospital in Jaipur, Rajasthan, where Canadian crypto exchange CEO Gerald Cotten spent his last hours has confirmed that he died there from a heart attack caused by complications from Crohn’s disease, Times of India reports. Cotten’s untimely death may also have devastating consequences for… Read More

QuadrigaCX, Once Canada’s Largest Crypto Exchange, Gets Bankruptcy Protection. Meanwhile, One Report Claims Founder Filed Will Less than 2 Weeks Prior to His Demise

Is QuadrigaCX Safe? “QuadrigaCX has been developed by some of the foremost leaders in the crypto currency community, and employs some of the most stringent security protocols that currently exist. Furthermore, Bitcoins that are funded in QuadrigaCX are stored in cold storage, using some of… Read More

Research Suggests QuadrigaCX Crypto Exchange’s Story of Lost Wallets Untrue

Claims by current operators of the Canadian cryptocurrency exchange QuadrigaCX that the company has “lost” cold wallets containing more than $150 million in crypto are being disputed by a researcher at the Zerononsense blog. QuadrigaCX filed for creditor protection last week, and according to Zerononsense,… Read More

Canadian Crypto Exchange QuadrigaCX Files for Credit Protection, Says it Can’t Find Cold Wallets

The board at beleaguered Canadian crypto exchange QuadrigaCX has issued a notice on the exchange’s website stating that the company has filed for credit protection and is struggling to “…locate and secure our very significant cryptocurrency reserves held in cold wallets…(which) are required to satisfy… Read More

Korean Courts Order Nonghyup Bank to Restore Services to Coinis Crypto Exchange

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A judge at the Seoul Central District Court has ordered one of South Korea’s largest banks, Nonghyup, to restore services to the Coinis cryptocurrency exchange, 8BTC reports. The showdown reportedly began in September when Nonghyup announced it would no longer process deposits and withdrawals on behalf… Read More

CIBC Has Frozen $28 Million of Vancouver Crypto Exchange’s Funds Since January

Vancouver-based cryptocurrency exchange QuadrigaCX has been defending itself in court for the release of $28 million dollars in customer funds frozen by the Canadian Imperial Bank of Commerce (CIBC) since January, the Globe and Mail reports. According to court documents filed by CIBC in the… Read More

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