#Quadriga CX

[allthecanadianpolitics]

It might be a relatively harmless and money-losing affectation for a former talk radio show host turned business group lobbyist to have a mid-life conversion to the church of cryptocurrency. It becomes a lot less harmless when that person becomes the premier, can tell Alberta’s pension fund manager what to do and wants to take Alberta out of the Canada Pension Plan.

And Danielle Smith really is cuckoo for cryptocurrency. [...]

Quadriga was a cryptoexchange that was found to be a fraud and a Ponzi scheme by the Ontario Securities Commission. Smith lost her money because Quadriga’s founder died in December 2018 while on his honeymoon in India and no one else had the passwords necessary to access and run the site. Quadriga users reported roughly $190 million in missing cryptocurrency. Smith talked on her Western Standard show about how the loss was closer to $250 million. 

Smith has also said that she has investments in Ethereum, the second largest cryptocurrency after Bitcoin. Smith’s public disclosure that details her investments and is published by the office of the ethics commissioner is not yet available. 

But it’s not just crypto that Smith is obsessed with, it’s also your pension. In December, Smith floated the idea of having a referendum on separating Alberta from the Canada Pension that would line up with the upcoming provincial election, before quickly backtracking the next day on having a referendum in May.  [...]

Continue Reading.

Tagging: @politicsofcanada

[newsworld123]

Creditors to Get 13% per Dollar   – Bitcoin News

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$215.7 million and assets totaling around C$28 million, had left its creditors in a state of uncertainty. In the latest notice from EY, it was revealed…

[btcmanager]

QuadrigaCX: Investors Call to Exhume Deceased CEO’s Body

QuadrigaCX: Investors Call to Exhume Deceased CEO’s Body

According to a report by ET Tech published on December 16, 2019, lawyers representing the customers of the now-defunct cryptocurrency exchange platform QuadrigaCX have requested that the exchange’s deceased CEO, Gerald Cotten’s body be exhumed. QuadrigaCX Story Continues Canadian cryptocurrency exchange QuadrigaCX made rounds to newsrooms earlier this year when it came to light thatRead More

https://btcmanager.com/quadrigacx-investors-call-to-exhume-deceased-ceos-body/?utm_source=Tumblr&utm_medium=socialpush&utm_campaign=SNAP

[coinnewsfx]

Antonopoulos: Quadriga CX Event, Proof of Stock Exchanges Unreliable Mastering Bitcoin writer Andreas M. Antonopoulos, who frequently talked about his work on crypto-money and Blockchain ecosystem and frequently mentioned books, made some evaluations about the sector and uploaded to stock exchanges in a YouTube live broadcast he attended last.

[coinnewsdesign]

Antonopoulos: Quadriga CX Event, Proof of Stock Exchanges Unreliable Mastering Bitcoin writer Andreas M. Antonopoulos, who frequently talked about his work on crypto-money and Blockchain ecosystem and frequently mentioned books, made some evaluations about the sector and uploaded to stock exchanges in a YouTube live broadcast he attended last.

[awesomenews47]

Collapse of Quadriga crypto exchange was ‘old-fashioned fraud wrapped in modern technology’: OSC

Collapse of Quadriga crypto exchange was ‘old-fashioned fraud wrapped in modern technology’: OSC

The Quadriga cryptocurrency exchange that saw millions of dollars disappear just as its founder died was a “fraud” and Ponzi scheme, according to the Ontario Securities Commission.

The regulator said Thursday that Vancouver-based Quadriga’s late founder Gerald Cotten committed fraud by opening accounts under aliases and crediting himself with fictitious currency and crypto asset balances,…

[bitcoingamblingcasino]

Gerald W. Cotten, the C.E.O. of Quadriga CX, was the only one who knew crucial passwords, the company said. When he died, users could not recover millions in their accounts. Now they want proof he is actually dead. Virtual Currency, Computers and the Internet, Quadriga CX, Cotten, Gerald W, Canada, Nova Scotia (Canada) More Bitcoin news

[senzalinea-blog]

120 milioni vanno in fumo perché nessuno conosce la password!

120 milioni vanno in fumo perché nessuno conosce la password!

Sembra una fake news, ma non è così.  A dicembre è morto Gerald Cotten, 30enne fondatore di Quadriga CX, un istituto virtuale a metà tra una banca e un ufficio di cambio. Su Quadriga CXsi potevano acquistare monete virtuali, scambiarle tra loro o riconvertirle in moneta reale. Il sistema  era fin troppo sucuro perché adesso che il fondatore è morto nessuno sa come recuperare tutto il denaro…

[daviddecato-blog]

Buy Bitcoin in Canada

Welcome to the world of bitcoin.  It is such a beautiful thing.

Here are ways to buy Bitcoin in Canada:

Buy and hold in a wallet:

Coinbase– I currently hold some bitcoin in this wallet on my iphone.  This company is one of the most well known wallet companies in North America.  The app is very easy to use and buying bitcoin and other crypto curriences is a snap.  Sign up for the wallet and add a…

[mostlysignssomeportents]

Crypto CEO dies with the password to unlock $200+ million of customers' Bitcoin

"After Gerry’s death, Quadriga’s inventory of cryptocurrency has become unavailable and some of it may be lost," said his widow.

The chief executive of cryptocurrency company Quadriga CX has died, and he's apparently the only one with the ability to unlock all his customers' coins.

Without their digital keys, his clients lose access to their funds. The company's board of directors said last week it is seeking creditor protection.

More from Bloomberg News on digital-asset exchange Quadriga CX's $200 million problem with no solution in sight:

https://boingboing.net/2019/02/04/crypto-ceo-dies-with-the-passw.html

[cryptooof-blog]

https://cryptooof.com/crypto-firm-had-worked-with-quadriga-cited-in-bitfinex/

The founder of Quadriga CX, Gerry Cotten had dealing with Crypto Capital Corp cited in a court order obtained by New York’s attorney general.

[btcmanager]

Quadriga CX CEO Spent User Funds on Margin Trades

Quadriga CX CEO Spent User Funds on Margin Trades

The Supreme Court of Nova Scotia has revealed that users’ cryptocurrency funds were not maintained exclusively in Quadriga CX’s cold and hot wallets, but also on other exchanges and platforms. The now deceased CEO, Gerald Cotton, also used these funds to margin trade in his accounts, as per a court filing, June 19, 2019.  NewRead More

https://btcmanager.com/quadriga-cx-ceo-spent-user-funds-margin-trades/?utm_source=Tumblr&utm_medium=socialpush&utm_campaign=SNAP

[doge-bybit-crypto]

Bitcoin Exchange CEO Dies and Lost 170 Billion

The ‘Quadriga CX’ exchange, which started in 2013, enjoys its greatest boom at the end of 2017 when the Bitcoin price soared. It's believable to see him give great presentations at broadcast interviews and conferences. At this time, Bitcoin was approaching $20,000 in US dollars.

About a year ago, in the fall of 2018. Tong Joo, who lives in San Francisco, USA, appears. His eyes looked anxious, and dark circles under his eyes were full. Sad predictions are never wrong. That's right. Tong Zhou put all of his fortune on the ‘Quad Li CX’ exchange. He was worth $400,000 worth of bitcoins. He tried to withdraw in Canadian dollars, but there was no response from the exchange.

At this point, news is delivered. In December 2018, the CEO of the exchange, Gerald Cotton, died suddenly. Due to the nature of virtual currency, you must have a password to access the virtual currency ‘wallet’ (cold wallet) to return money to investors. This means that the CEO alone knows the password of the exchange. The investment of 110,000 people was 190 million Canadian dollars (170 billion won at the time) floating in the air.

Bybit Exchange Fee Discount

But looking at him, his death is suspicious. He and his wife Jennifer Robertson died suddenly from complications of Crohn's disease while traveling to India. The place where a 30-year-old businessman died unexpectedly is a Crohn's disease-related disease with a low mortality rate. When this news was announced, it was about two weeks after the actual date of death.

Investors flocked through Telegram. He suspects his death and agrees that he must be alive somewhere. He added to his suspicions, saying he might be swimming somewhere in a tax haven after taking money and having plastic surgery.

[wwwreformasteres]

El cofundador de Quadriga CX gana $ 760,000 en UST Stablecoin Crash

El cofundador de Quadriga CX gana $ 760,000 en UST Stablecoin Crash

Michael Patrin, cofundador del difunto intercambio de criptomonedas Quadriga CX, pudo ganar $ 760,000 con el colapso de la moneda estable algorítmica UST, escribe The Block . Según el análisis de PeckShield, ha habido varios intercambios de UST desde la dirección de Patrin en las últimas 24 horas. El rápido declive en UST ha provocado que muchos comerciantes se abstengan de realizar…