QuadrigaCX

New Document Details Ex-QuadrigaCX Law Firm’s Conflict of Interest

Law firm Stewart McKelvey had a conflict in representing both QuadrigaCX and its CEO’s widow, a new document says.

A creditors’ committee has been formed for users of the failed QuadrigaCX exchange, and it includes a former Mt Gox customer.

The late CEO of QuadrigaCX used his own cash to make exchange customers whole during a legal dispute with a bank, his widow said.

A judge has given QuadrigaCX another month and a half to locate the $140 million of crypto owed to the exchange’s customers.

QuadrigaCX’s court-appointed monitor has finally provided blockchain addresses for the exchange’s cold bitcoin wallets. They’re nearly empty.

Kraken is offering up to $100,000 to anyone who can help locate QuadrigaCX’s missing cryptocurrency holdings.

Jennifer Robertson, one of QuadrigaCX’s two officers, asked a court to put a restructuring specialist in charge of the exchange.

QuadrigaCX’s “hot” wallets for bitcoin and ether have been nearly emptied, with the funds now held by court-appointed monitor EY.

Law firms Miller Thomson and Cox & Palmer will represent 115,000 QuadrigaCX customers as the exchange seeks to recoup the $196 million it owes them.

Noelle Acheson looks at the lessons learned for the crypto market following the collapse of the QuadrigaCX exchange.