Report: QuadrigaCX Wallets Have Been Empty, Unused Since April
According to a new report from Ernst & Young, six wallets used by QuadrigaCX have been largely dormant since April 2018 Go to Source Powered by WPeMatico
Court
Auto Added by WPeMatico
Securities Lawsuit Against Ripple to Stay in Federal Court
According to a recent court ruling, an ongoing class action suit against Ripple should stay in federal court Go to Source Powered by WPeMatico
US Court Denies Ex-Mt. Gox CEO Karpeles’ Motion to Stay Lawsuit Against Him
Illinois Northern District Court denied ex-Mt. Gox CEO Karpeles’ motion to stay a U.S. case by former investors Go to Source Powered by WPeMatico
Russian Supreme Court Classifies Illicit Crypto Use Under Money Laundering Laws
The Russian Supreme Court ruled that converting cryptocurrencies obtained by criminal means to fiat money will now be prosecuted under anti-money laundering law Go to Source Powered by WPeMatico
QuadrigaCX Director Asks Court to Appoint Restructuring Officer
The widow of the founder of insolvent Canadian crypto exchange QuadrigaCX told a Canadian court “the public attention my role as director has brought is unwanted” Go to Source Powered by WPeMatico
QuadrigaCX Transfers Remaining Crypto to Big Four Auditor Ernst & Young
QuadrigaCX has sent its remaining crypto assets to Big Four auditing firm Ernst & Young Go to Source Powered by WPeMatico
Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries
Money laundering scandals involving some of the world’s largest banks have grown this week. Switzerland’s largest bank, UBS, has been fined 3.7 billion euros (~$4.2 billion) for money laundering. Amid a $226 billion scandal, Estonian authorities have ordered Denmark’s largest bank to terminate its operations in the country. Danske Bank is also shutting down in … Read more
Judge Appoints 2 Law Firms to Represent Quadrigacx Clients
Two law firms have been appointed to represent the clients of insolvent Canadian crypto exchange Quadrigacx in court. The number of affected users has been estimated at approximately 115,000 and lawyers will have to contact as many as they can. The digital asset trading platform owes them approximately $190 million. Also read: Hacked NZ Exchange … Read more
Canadian Judge Appoints Legal Representatives for QuadrigaCX Customers
The Supreme Court of Nova Scotia has designated legal counsel for customers of Canadian crypto exchange QuadrigaCX Go to Source Powered by WPeMatico
US Court Reconsiders Blockvest Acquittal Over Unlicensed Securities Offer
ICO operator Blockvest actually did offer unregistered securities, US court decides Go to Source Powered by WPeMatico