Cryptocurrencies

Crypto Exchange Mystery Deepens as Board Seeks Court Protection

  • QuadrigaCX filed for creditor protection in Nova Scotia
  • Vancouver startup announced Jan. 14 that founder, CEO died

Photographer: Jung Yeon-Je/AFP via Getty Images

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The issues at cryptocurrency exchange QuadrigaCX keep getting more complicated.

The Vancouver-based company’s board of directors said Thursday it filed for creditor protection in a Nova Scotia court to gain time to address “significant financial issues" affecting their ability to serve customers, according to a statement on its website. A hearing is scheduled Feb. 5.