UPDATE 1-Canadian cryptocurrency firm collapsed due to Ponzi scheme by late founder, regulator says
10 Jun UPDATE 1-Canadian cryptocurrency firm collapsed due to Ponzi scheme by late founder, regulator says
Posted at 22:09h
in
News
by KMFSLLP
Last year’s collapse of
Canadian cryptocurrency trading platform Quadriga CX was due to
a Ponzi scheme operated by founder Gerald Cotten, who died
suddenly in December 2018, the country’s biggest securities
regulator said on Thursday.
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