Tag: Quadrigacx

Quadrigacx Co-Founder Michael Patryn Is Actually Convicted Fraudster Omar Dhanani

Quadrigacx Co-Founder Michael Patryn Is Actually Convicted Fraudster Omar Dhanani Quadrigacx co-founder Michael Patryn is actually a convicted criminal who went by the name Omar Dhanani, a Bloomberg report alleges. Dhanani has been previously convicted of identity theft linked to bank and credit card fraud and sentenced to 18 months […]

Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals

Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Jennifer Robertson, the widow of late Quadrigacx chief executive officer Gerry Cotten, has revealed that customer withdrawals were processed using personal funds in a statement published yesterday. The document also indicates that law firm Stewart McKelvey has withdrawn from representing Quadrigacx […]

In the Daily: Quadrigacx Transfer, Tokenized Bonds, Beam Investment, Rakuten Pay

In the Daily: Quadrigacx Transfer, Tokenized Bonds, Beam Investment, Rakuten Pay In this edition of The Daily, Canadian exchange Quadrigacx has transferred its remaining crypto funds to the court appointed monitor Ernst & Young. In Germany, the federal securities regulator Bafin has authorized an STO. Also, Beam has found a […]

Quadrigacx Cold Wallet Was Stored in a Safety Deposit Box

Quadrigacx Cold Wallet Was Stored in a Safety Deposit Box In a 2014 appearance on the True Bromance Podcast, Gerry Cotten, the late CEO of embattled Canadian cryptocurrency exchange Quadrigacx, made comments indicating that the exchange was storing customer funds using paper wallets. Cotten also compared losing the private keys […]

In the Daily: Quadrigacx Losses, Bithumb UAE, Coinbase Cloud Backup, Chainalysis Funding

In the Daily: Quadrigacx Losses, Bithumb UAE, Coinbase Cloud Backup, Chainalysis Funding In this edition of The Daily we cover a number of developments related to different cryptocurrency exchanges. A report shows that Quadriga has “lost” another half a million dollars, Bithumb is expanding its reach to the UAE, and […]

Quadrigacx Saga: Founder’s Widow Owns $5.6m Properties, Hospital Confirms Cotten’s Death

Quadrigacx Saga: Founder’s Widow Owns .6m Properties, Hospital Confirms Cotten’s Death Troubled Canadian cryptocurrency exchange Quadrigacx may be newly armed with a 30-day stay from creditors, following the Feb. 5 bankruptcy hearing, but its late CEO’s widow, Jennifer Robertson, is on shifting ground as her affidavit is being picked apart […]

The Daily: Bitcoin Carnivory, Dapps & DEXs, Quadrigacx Claims Insolvency

The Daily: Bitcoin Carnivory, Dapps & DEXs, Quadrigacx Claims Insolvency The Daily curates stories from the eclectic and often bizarre world of Bitcoin. Today’s roundup demonstrates just how varied that world can be, taking in Bitcoin carnivory, decentralized apps, and a new price comparison tool for token traders. We begin […]

Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense

Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense In recent regulatory news, a Canadian court plans to take custody of $ 19.5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. Also, New York […]