QuadrigaCX CEO Used His Personal Funds after Account Freeze

The suddenly deceased founder and CEO of QuadrigaCX cryptocurrency exchange was supposedly using his own personal funds to keep users’ withdrawals enabled after the bank litigated several accounts related to the exchange.

After the controversy with the missing funds that started with the sudden and unexpected death of QuadrigaCX CEO, Gerald Cotten, back on Jan. 14th, Cotten’s wife, Jennifer Robertson, published a statement on Scribd on Mar. 13th, where she shared details on her involvement in the case of the missing funds since her husband’s death.

In the statement, Robertson claims that the late QuadrigaCX CEO was allegedly using his funds to keep the exchange running after CIBC bank decided to freeze five different accounts that held $ 21.6 million.

Robertson further stated, that although her husband didn’t share details on how he was managing the exchange, Cotten did share with her that he is placing his own money into the exchange to compensate for users’ funds that were in the process of litigation.

Legal…

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Source: https://thebitcoinnews.com/quadrigacx-ceo-used-his-personal-funds-after-account-freeze/