QuadrigaCX Crypto Exchange Would Be Protected In Bermuda — Opinion Published: 27/03/2019 at 12:06 The problematic situation with the QuadrigaCX trading platform could not have occurred in Bermuda due to the country's current regulations on the crypto sphere, David Burt, the Prime Minister of the island country, stated in the Balancing the Ledger program on the Fortune channel. The Prime Minister of Bermuda decided to…
Affected Users Of QuadrigaCX Crypto Exchange Create Committee Published: 22/03/2019 at 11:37 Canadian law firms Cox & Palmer and Miller Thomson entered the committee for consultation during the court session of the advocates of 115,000 clients affected by the closure of the QuadrigaCX crypto exchange, according to Miller Thomson's announcement. The lawyers of Miller Thomson are appointed by leading lawyers, and Cox…
Canadian Court Gives QuadrigaCX 45 Days To Search For Crypto Assets Published: 08/03/2019 at 12:57 The Supreme Court of Nova Scotia has increased the term for searching for the lost crypto assets in the amount of $190 million for the QuadrigaCX trading platform, CoinDesk reports. Attorneys of the crypto exchange managed to convince the judge Michael Wood that QuadrigaCX had made significant progress in finding cryptocurrency,…
Kraken Crypto Exchange To Pay For Information About QuadrigaCX Published: 01/03/2019 at 19:30 Kraken, a well-known American trading platform, is ready to pay a reward of $100,000 for any information that will help in the search for the cryptocurrency missing from the QuadrigaCX accounts, as follows from the blog of Kraken. The platform sees its mission in helping to spread cryptocurrency and inspire confidence in…
QuadrigaCX Transfers All Crypto Assets To Ernst & Young Published: 22/02/2019 at 20:31 All cryptocurrency from the accounts of QuadrigaCX, the scandalous trading platform from Canada, was sent to the auditing company Ernst & Young (EY) by the court decision, CoinDesk reports. The court appointed EY as an observer for QuadrigaCX. The auditor confirmed that it had taken over the assets of the crypto exchange…
Canadian Court Sets Representatives For QuadrigaCX Customers Published: 20/02/2019 at 18:09 Chief Judge in Nova Scotia (Canada) decided to appoint local law companies Miller Thomson and Cox & Palmer to represent the interests of clients of the largest Canadian crypto exchange QuadrigaCX in the upcoming hearing, Cointelegraph reports. According to the court filing, Miller Thomson and Cox & Palmer have to communicate…
Canadian Judge Postpones Decision On Crypto Exchange QuadrigaCX Published: 15/02/2019 at 20:47 The judge in the case of the Canadian crypto exchange QuadrigaCX is delaying a decision on legal support for users who cannot withdraw their funds. This was reported by a CBC journalist Jack Julian. About a dozen lawyers participate in the process, defending interests of 115,000 affected users. Specifically, the plaintiffs…
Lost Bitcoins From QuadrigaCX Are Allegedly Found Published: 15/02/2019 at 19:42 A user of the Reddit forum, nicknamed dekoze, found five addresses where the bitcoins lost by the Canadian exchange QuadrigaCX may be kept. The researcher calculated that the total amount of funds on these wallets is 104 BTC ― approximately the same number of coins, 103 BTC, the exchange allegedly by mistake sent to cold…
Controversial Exchange QuadrigaCX Loses Another $500,000 In BTC Published: 13/02/2019 at 21:47 A controversial Canadian exchange QuadrigaCX allegedly sent $500,000 in bitcoins by accident to its cold wallets, having no access to them. This is stated in a report by the auditing firm Ernst & Young, which the platform hired as independent experts for the proceedings. In early February, the representatives of QuadrigaCX…
Study: QuadrigaCX Never Had More Than 100 BTC Published: 04/02/2019 at 22:20 Analysts at CryptoMedication suggested that the Canadian crypto exchange QuadrigaCX cannot pay the lost $190 million to users, because it never had this amount of money. In early February, the exchange claimed it lost access to 115,000 wallets where fiat and digital assets of users were kept. The company had more than 26,000 bitcoins,…