← RETURN TO THE CHAIN
February 5, 2019Crises & controversyFailures & lossesdocumented

QuadrigaCX enters creditor protection

A Canadian court granted creditor protection to QuadrigaCX after the exchange said it could not access substantial customer assets.

Proceedings followed the reported death of founder Gerald Cotten, who was said to control key wallet credentials. Later investigations found severe recordkeeping failures and extensive misuse of customer funds.