Cryptocurrencies
Quadriga Founder's Widow Says ‘Unwanted’ Attention Is Too Much
- Jennifer Robertson asks court to name restructuring officer
- $197 million missing from crypto exchange after CEO’s death
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The widow of Quadriga Fintech Solutions Corp. founder Gerald Cotten has asked a Canadian court to appoint a chief restructuring officer, in part because of the unwanted attention caused by the shuttering of the cryptocurrency exchange.
The Vancouver-based company, which owes about 115,000 clients some C$260 million ($197 million) in cash and cryptocurrencies, has been closed for a month and is under creditor protection while Ernst & Young Inc. attempts to unravel the firm’s financial dealings through a court process. Quadriga also asked to extend the period of creditor protection.