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2019-06-25 05:34:58

Founder of Canadian crypto exchange QuadrigaCX stole $163 million before death

An audit, carried out by Ernst & Young, revealed that Gerald Cotten, founder and CEO of Canadian cryptocurrency exchange QuadrigaCX, stole close to one hundred and sixty-five million dollars (USD163m) from users of the platform. The QuadrigaCX exchange ceased to exist in February 2019, and in April the Supreme Court of Nova Scotia began bankruptcy procedures. Meanwhile, just months before the legal proceedings against QuadrigaCX started, the exchange’s founder Gerald Cotten died of complications related to his long-term diagnosis with Chron’s disease. Mr Cotten’s death is a never-ending source of speculation nowadays, as according to his wife, he was the

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