QuadrigaCX was keeping customer funds in a safety deposit box
Gerald Cotten revealed in 2014 that QuadrigaCX was keeping customer funds in an offline paper wallet, stored away in a bank safety deposit box.
Latest QuadrigaCX News
QuadrigaCX customers may be one step closer to finding relief
The saga surrounding the QuadrigaCX cryptocurrency exchange out of Canada continues to move forward as law firms Miller Thomson and Cox & Palmer will represent more than 100,000 customers of the crypto exchange in the coming weeks.
QuadrigaCX fumbled away $500k after going offline
As if it couldn’t get any worse for QuadrigaCX, it now appears the exchange might have thrown away an additional $500,000 in cryptocurrency.
QuadrigaCX wins credit protection, former CEO death confirmed
The Canadian crypto exchange had its day in court, and Nova Scotia Supreme Court Justice Michael J. Wood ruled in their favor, allowing creditor protection and a 30-day stay of proceedings.
QuadrigaCX goes to court to fight off bankruptcy
In a statement posted to the homepage of their website, QuadrigaCX have announced they are looking for creditor protection from the Nova Scotia Supreme Court.
QuadrigaCX exchange suddenly goes offline for “maintenance”
Canada-based cryptocurrency exchange QuadrigaCX has had a rough couple of months. It saw its assets frozen last October over a dispute regarding who actually owned funds held by the exchange before a court ordered most of the funds to be released.
Users of the QuadrigaCX exchange still unable to withdraw funds
QuadrigaCX exchange users are reporting that they are still not able to access their funds.
Canadian court takes custody of crypto exchange’s disputed funds
QuadrigaCX's disputed funds must be turned over to the Accountant of the Superior Court "to await the outcome of a proceeding in this court, on notice to the Depositors, to determine entitlement to the Disputed Funds."
QuadrigaCX sees over $20M frozen as Canada’s ‘banking cartel’ steps up crypto attacks
In the latest example of banks taking exception to promising crypto businesses, press reports have revealed that Vancouver-based QuadrigaCX has been facing a freeze on assets worth as much as CAD28 million.