QuadrigaCX Troubles Continue as Exchange Files for Creditor Protection

Following the sudden death of the Chief Executive Officer (CEO) Gerry Cotten, the founder of crypto exchange QuadricaCX, approximately $190 million CAD (Canadian Dollars) has been lost in cryptocurrency. As of the 18th of January 2019, the following balances were recorded in cold wallets:

The full report details that have been released by Nova Scotia Supreme Court can be found here:


Additional details reported by Bloomberg, also show that the company’s board of directors on Thursday 31st January 2019, filed for creditor protection in a Nova Scotia Supreme Court. They have also made a public statement on its website:

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