Crypto Firm Cited in Bitfinex Case Had Also Worked With Quadriga
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Gerry Cotten, founder of the Quadriga CX digital-currency exchange that unraveled after his death, had dealings with the Panamanian firm Crypto Capital Corp. that’s cited in a court order obtained by New York’s attorney general.
Bitfinex customers sent more than $1 billion to Crypto Capital last year, of which $851 million had been “lost, stolen or absconded with,” New York AG Letitia James said in a civil case. She accused Bitfinex and the issuer of virtual currency Tether of participating in a cover-up to hide the loss from Bitfinex customers. She didn’t name Crypto Capital as a defendant.