CORRECTED-UPDATE 1-Canadian cryptocurrency firm collapsed due to Ponzi scheme by late founder, regulator says
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.
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.
Posted by Reuters
