Ontario securities regulator looking into digital platform Quadriga

TORONTO (Reuters) – Canada’s main securities regulator said on Friday that it was looking into Quadriga CX, the digital platform whose founder died in December, trapping millions of dollars in cryptocurrencies in its accounts. “Given the potential harm to Ontario investors, we are looking into this matter and have already been in contact with the monitor,” the Ontario Securities Commission […]

Read more

How crypto exchange QuadrigaCX lost access to $190 million of customers’ money

QuadrigaCX, one of Canada’s best-known cryptocurrency exchanges, says it does not have access to $190-million worth of customers’ funds and is seeking creditor protection, according to court documents filed on Thursday in Nova Scotia. The parent company of the B.C.-based exchange lost access to cryptocurrency worth an estimated $190 million at current market value after the death of its 30-year-old CEO, Gerald […]

Read more