Looking for a Quadriga exchange tip regarding the missing funds from the CEO
Canadian exchange shut down operations about 2 years ago leaving the funds of 115.000 customers inaccessible to cold storage. Allegedly only the founder that passed away knew the details.
If you have any tip, please submit it below.
Thank you
The events of the cryptocurrency exchange QuadrigaCX, which marked 2019, are still not over, and it does not look like they will end anytime soon. Gerald Cotten, who is the founder and CEO of the exchange, has made many transactions and opened accounts with customers' funds from different exchanges, according to the report of the audit firm appointed by the court.
Ernst & Young claimed in a 70-page report published Wednesday that Gerald transferred millions of dollars of client funds to other exchanges and used them to spend his personal life in luxury. It is estimated that Cotten generally stole more than $ 200 million from its customers.
“Significant volume of crypto money transfers were made outside of the Quadriga platform and directly to Mr. Cotten's account on competing exchanges. Apparently, user-owned cryptocurrencies were both normally bought and sold on some exchanges and held back in margin trading accounts created by Mr.
Losses and transaction fees arising from Cotten's transactions have "seriously damaged Quadriga" and the audit firm is still investigating multiple wallets, whose owners cannot determine who they are.
It is estimated that between 2016 and 2018, Cotten transferred 9,450 Bitcoin, 387,738 Ethereum and 239,020 Litecoin and made a profit of $ 88 million, $ 105 million and $ 33 million, respectively, with the prices at that time. 👍
The OSC authority performed an investigation and you can find fast informations here: https://www.cbc.ca/news/business/osc-quadriga-gerald-cotten-1.5607990
Only 48 millions were recovered, a smal part of what disappeared by fraud. Further details here in the OSC website: https://www.osc.gov.on.ca/quadrigacxreport/
I suggest you to contact OSC to get further informations, for example: here I am, another victim, can I recover my account (may be part of funds are available) . Hope you’ll solve.
The OSC authority performed an investigation and you can find fast informations here: https://www.cbc.ca/news/business/osc-quadriga-gerald-cotten-1.5607990
Only 48 millions were recovered, a smal part of what disappeared by fraud. Further details here in the OSC website
The OSC authority performed an investigation and you can find fast informations here: https://www.cbc.ca/news/business/osc-quadriga-gerald-cotten-1.5607990
Only 48 millions were recovered, a smal part of what disappeared by fraud. Further details here in the OSC website: https://www.osc.gov.on.ca/quadrigacxreport/
I suggest you to contact OSC to get further informations, for example: here I am, another victim, can I recover my account (may be part of funds are available) . Hope you’ll solve.
hello let me tell you.The OSC authority performed an investigation and you can find fast informations here: https://www.cbc.ca/news/business/osc-quadriga-gerald-cotten-1.5607990
Only 48 millions were recovered, a smal part of what disappeared by fraud. Further details here in the OSC website: https://www.osc.gov.on.ca/quadrigacxreport/
I suggest you to contact OSC to get further informations, for example: here I am, another victim, can I recover my account (may be part of funds are available) . Hope you’ll solve.
The events of the cryptocurrency exchange QuadrigaCX, which marked 2019, are still not over, and it does not look like they will end anytime soon. Gerald Cotten, who is the founder and CEO of the exchange, has made many transactions and opened accounts with customers' funds from different exchanges, according to the report of the audit firm appointed by the court.
Ernst & Young claimed in a 70-page report published Wednesday that Gerald transferred millions of dollars of client funds to other exchanges and used them to spend his personal life in luxury. It is estimated that Cotten generally stole more than $ 200 million from its customers.
“Significant volume of crypto money transfers were made outside of the Quadriga platform and directly to Mr. Cotten's account on competing exchanges. Apparently, user-owned cryptocurrencies were both normally bought and sold on some exchanges and held back in margin trading accounts created by Mr.
Losses and transaction fees arising from Cotten's transactions have "seriously damaged Quadriga" and the audit firm is still investigating multiple wallets, whose owners cannot determine who they are.
It is estimated that between 2016 and 2018, Cotten transferred 9,450 Bitcoin, 387,738 Ethereum and 239,020 Litecoin and made a profit of $ 88 million, $ 105 million and $ 33 million, respectively, with the prices at that time. 👍
The clue is in the word QUADRIGA. It has 4 ways of thought; realism, idealism, analysis and pragmatism all run by the 5th way: SYNTHESISM. If you also think of the four main exchanges and put the blocks within the corporation symbol you will most likely find some clue as to the covalent number within an algorithm that he used to hide the key to all 5 numerals.