Bitcoin News / Bitcoin.com - 4 weeks ago
Michael Patryn, co-founder of the now-defunct Quadrigacx cryptocurrency exchange, has been compelled by Canadian officers to explain the origin of his wealth. Patryn must explain how he acquired a stash of 45 gold bars, more than $180,000 in cash, an...
Bitcoin News / Bitcoinist - 4 weeks ago
In a significant development, the Canadian province of British Columbia seeks to employ an unexplained wealth order (UWO) against Michael Patryn, co-founder of the Quadriga Coin Exchange (QuadrigaCX).
The UWO is a newly introduced court order that c...
by COINS NEWS - 7 months ago
In 2018, a Canadian cryptocurrency exchange called QuadrigaCX made headlines for an unbelievable and tragic reason. The exchange's founder and CEO, Gerald Cotten, passed away suddenly while traveling in India, taking with him the passwords and ac...
by COINS NEWS - 9 months ago
In 2019, the cryptocurrency world was shaken by the news that the CEO of QuadrigaCX, a Canadian cryptocurrency exchange, had died suddenly while traveling in India. Gerry Cotten, the 30-year-old CEO, was the only person with access to the exchange...
by COINS NEWS - 11 months ago
As we know, QuadrigaCX's former customers will get only 13% of their investment at the time the CEO died, with all the keys in his power. When I heard the news I couldn't stop thinking of Tong Zou, the canadian who wanted to save on transfer...
Bitcoin News / Bitcoin.com - 11 months ago
EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of C$21...
Cryptocoins News / The Cointelegraph - 11 months ago
The creditors will receive a monetary equivalent of the value of their lost crypto assets as of April 15, 2019. Creditors of the bankrupt Canadian crypto exchange Qua...
Cryptocoins News / The Cointelegraph - 11 months ago
Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million owed to creditors. According to a May 8 post by Miller Tho...
Bitcoin News / Bitcoin.com - 1 year ago
On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court t...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin linked to the now-defunct QuadrigaCX exchange has been identified to be on the move. The bitcoins which had been previously thought to be inaccessible were mysteriously moved out of multiple wallets, sparking speculations on who might have ac...
Cryptocoins News / CoinJournal - 1 year ago
Key Takeaways
QuadrigaCX filed for bankruptcy in 2019 after its CEO Gerald Cotten died in mysterious and sudden circumstances
Cotten was claimed to be the only one with access to cold wallets containing funds
Cotten was later revealed to have been s...
Cryptocoins News / Blockchain - 1 year ago
ZachXBT tweeted on Dec. 19 about five wallets that moved 104 Bitcoin to multiple wallets. The wallets hadn't transferred Bitcoin since April 2018. Following Gerald Cotten's death in December 2018, QuadrigaCX filed bankruptcy in April 2019. (Read More...
by COINS NEWS - 1 year ago
People have always said they don’t think he is really dead, but a more likely source would be that his wife knows more than she let on all this time. submitted by /u/Avs4life16 [link] [comments]