QuadrigaCX
Canadian Province Wins Forfeiture of $1M QuadrigaCX Co-Founder's Cash, Gold via Default Judgment
The ruling transfers cash, gold bars, watches, and jewelry seized from a CIBC safety deposit box and bank account into government hands after Patryn did not defend the case.
Canadian Province Asks QuadrigaCX Co-Founder to Explain His Wealth in New Order
This is the third test for the Province's new tool to combat money laundering
Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar
The interim distribution to users will account for 87% of the funds the collapsed exchange’s Trustee is currently holding.
Bankrupt Crypto Exchange QuadrigaCX Will Start Interim Distribution for Some Users, EY Says
EY will make the procedure to file the claims public in the coming weeks,
Sam Bankman-Fried's $250 Million Bond; EY Says it Is 'Aware' of 'Unauthorized' Quadriga Wallet Transfers
Former FTX CEO Sam Bankman-Fried is under house arrest after being released on a $250 million bond. Plus, Ernst & Young said it has "become aware" that bitcoin (BTC) that'd been sitting in QuadrigaCX's cold wallets has been moved elsewhere.
Understanding Bitcoin's 64% Decline in 2022
Bitcoin (BTC) is down 64% in 2022, which is the biggest loss for the largest cryptocurrency by market capitalization since its 73% plunge back in 2018. CoinDesk's Managing Editor of Markets Brad Keoun weighs in on the latest price action with just one week left in the year. Plus, CoinDesk's Managing Editor of Technology Christie Harkin discusses QuadrigaCX's very improbable week.
QuadrigaCX Has Had an Improbable Week
Back in February 2019, EY revealed it had accidentally sent over 100 bitcoin (BTC) to what it described as Quadriga’s cold wallets, which it could not access. And now these coins are moving.
EY Says It Is 'Aware' of 'Unauthorized' Quadriga Wallet Transfers
More than 100 BTC moved out of Quadriga-linked wallets over the weekend.
