Jennifer Robertson has been selling assets of the late Gerald Cotten's estate, and she's allegedly shuffled some of these assets into a trust for legal protections.
During the session, the Honorable Justice Michael Wood heard testimonies from the four law firms that creditors have turned to for counsel as they seek recovery of funds from the troubled Canadian bitcoin exchange.
Emails suggest that some clients of QuadrigaCX may have received deposits from entities associated with Jennifer Robertson, despite sworn claims that she had nothing to do with the exchange's operations prior to her husband's death.
The court document states, “On February 6, 2019, Quadriga inadvertently transferred 103 bitcoins valued at approximately $468,675 to Quadriga cold wallets which the Company is currently unable to access.”
Coinsquare CEO Cole Diamond told Bitcoin Magazine that this is a major move for the young exchange and it makes good business sense to enter a market that has a GDP 12 times the size of Canada’s.
The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC).
QuadrigaCX, Canada’s largest bitcoin exchange, is poised to become the world’s first publicly traded bitcoin exchange. It is set to trade under the public...
On Tuesday, February 17, the Canadian Bitcoin community was surprised to learn that its biggest and longest-serving exchange, CAVIRTEX, was to wind down operations...
