Tuesday, November 5, 2024
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QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’

Creditors of the bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.” According to a May 12 notice to creditors from QuadrigaCX’s bankruptcy trustee Ernst & Young (EY), each “creditor with a proven claim will receive 13.094156% of their

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Bankrupt crypto exchange QuadrigaCX to start ‘interim distribution’ of funds

According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX, interim distribution of funds tied to bankruptcy proceedings will be scheduled "in the coming weeks."Bankruptcy trustee Ernest & Young announced the interim distribution in consultation with estate inspectors. In the

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$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were ‘Unauthorized’ – Bitcoin News

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 trustee, explained it did not authorize the spending of the funds and that prior reports detailed that

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$1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy

Five wallets tied to the defunct Canadian cryptocurrency exchange QuadrigaCX, previously thought to be inaccessible, have just been spotted moving around $1.7 million worth of Bitcoin after years of dormancy. Crypto researcher ZachXBT alerted the crypto community in a Twitter post on Dec. 19, highlighting the five wallets have transferred

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What Netflix’s QuadrigaCX Documentary Gets Right – and Wrong – About One of Crypto’s Worst Scandals

The downside of spending so much screen time on Robertson is that the film ends up giving equal narrative weight to the black widow theory of Cotten’s death, which I find frankly preposterous. Despite the aspersions the movie casts, there are pretty straightforward reasons why Robertson has had three last

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