Tag Archives: QuadrigaCX

Roundup – 20/03/2019 -QuadrigaCX: Co-Founder Patryn Was a Scammer & more

QuadrigaCX: Co-Founder Patryn Was a Scammer Bloomberg reports that Gerald Cotten, the deceased CEO of QuadrigaCX, cooperated with a person called Michael Patryn. The two started to work on the idea since 2013. However, in his own words, Patryn describes that he stopped working for Cotten when they had a “fundamental disagreement” in 2016. The […]

Roundup – 14/03/2019 – QuadrigaCX Has to Find Another Legal Representative & more

QuadrigaCX Has to Find Another Legal Representative Ernst and Young (EY) the legal monitor of the QuadrigaCX case has found out that the exchange has a conflict of interests with the law firm of the exchange, Stewart McKelvey. EY did not mention any further details of the affair. However, the law firm does no longer […]

Roundup – 06/03/2019 – Canadian Court Grants Quadriga CX Creditor Protection & more

Canadian Court Grants Quadriga CX Creditor Protection The Canadian court has granted QuadrigaCX two of its requests. Jennifer Robertson asked for both in an affidavit a week ago. Robertson is the wife of the deceased Gerald Cotten and one of the two court-appointed directors of QuadrigaCX. The first request was to extend the creditor protection […]

Roundup – 02/03/2019 – Legal Monitor of QuadrigaCX: Here are QuadrigaCX’s Empty Cold Wallets & more

Legal Monitor of QuadrigaCX: Here are QuadrigaCX’s Empty Cold Wallets The legally appointed monitor of QuadrigaCX, Ernst and Young, could finally provide the blockchain addresses of the exchange. All of these wallets are empty. Except for $400,000 that a user sent to one of the addresses accidentally. This means that funds amounting to about $100 […]

Roundup – 27/02/2019 – QuadrigaCX Director Jennifer Robertson Filed Affidavit to Appoint Restructuring Officer & more

QuadrigaCX Director Jennifer Robertson Filed Affidavit to Appoint Restructuring Officer Jennifer Robertson, the wife of QuadrigaCX’s CEO Gerald Cotten, has filed an affidavit to appoint a chief restructuring officer (CRO).  Currently, the two remaining directors of QuadrigaCX are her and Tom Beazley. Neither of whom have experience in the crypto sector or in leading a […]

Roundup – 14/02/2019 – Redditor Proofs Misappropriation of QuadrigaCX Funds? & more

Redditor Identifies 5 Cold Wallet Addresses of QuadrigaCX – Proof of Misappropriation? A redditor called u/dekoze has supposedly identified some of the cold wallets that belong to the exchange QuadrigaCX. The user could confirm that all 5 of the addresses indicated received BTC funds from the address “3N8auHdN9rtmHDHqNnXK4eWhfukBAQcve1”. The address that Jennifer Robertson, the wife of […]

Roundup – 11/02/2019 – Ontario Securities Commission Started Investigating QuadrigaCX & more

Ontario Securities Commission Started Investigating QuadrigaCX The British Columbia Securities Commission (BSCS) announced last week that it is not going to investigate the case of QuadrigaCX. Their reasoning was that cryptocurrencies do not (yet) fall into the category of securities. Under this condition, however, none of Canada’s financial watchdogs would be responsible for the case. […]

Roundup – 09/02/2019 – Gox Rising Announces Plan to Refund Mt. Gox Users & more

Gox Rising Announces Plan to Refund Mt. Gox Users Brock Pierce, a well-known crypto entrepreneur, has revealed his plan to refund Mt. Gox users. The rehabilitation plan is called Gox Rising. Pierce has the plan to refund the users a pro rata portion of the leftover funds in both fiat and crypto. However, the refunds will […]

Roundup – 06/02/19 – Phillippines Issue New Regulation for the Crypto Industry & more

Phillippines Issue New Regulation for the Crypto Industry The Cagayan Economic Zone Authority of the Philippines (CEZA) has issued new comprehensive regulations on cryptocurrencies. The regulation seeks to conciliate investor protection and investor interests with the goal to facilitate innovation and stimulate the economy. The CEZA’s approach is to obligate ICO issuers to collaborate with […]

Roundup – 05/02/19 – Coinsquare Hit by Crypto Winter – Next Exchange to Lay Off Its Staff & more

Coinsquare Hit by Crypto Winter – Next Exchange to Lay Off Its Staff Coinsquare is the most recent exchange that was hit by the crypto winter. The exchange had to layoff 40 of its employees in total which represents a third of Coinsquare’s total staff. Among the laid off employees are also two executives, CFO, […]
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