TechLair

  • Home
  • contact
  • About
  • Privacy Policy

Cryptocurrency exchange QuadrigaCX given 30-day lifeline to find ‘lost’ $134M

Wednesday, February 6, 2019 by Piyush Suthar | Comments

Home News Tech Cryptocurrency exchange QuadrigaCX given 30-day lifeline to find ‘lost’ $134M

Troubled cryptocurrency exchange QuadrigaCX has been granted an order for creditor protection by a Canadian supreme court. The court-issued order means QuadrigaCX will have 30 days of initial protection from its creditors to allow it to come up with a ‘Plan of Arrangement’. The time period can be extended by the court if QuadrigaCX is able to demonstrate that it will likely file a Plan of Arrangement and the extension is not damaging to creditors. Based in Vancouver, QuadrigaCX ran into trouble after the reported sudden death of its founder and sole director Gerald Cotten, which meant the exchange was…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


Follow me on Twitter, Facebook, Google+, YouTube.

Load comments
  • Newer Post
  • Home
  • Older Post
  • techlair
    Over 1,500+ Readers

    Get fresh content from TechLair

    brand222 facebook brand2 envelope-o

    BEST OF TechLair

    Mi Band 3 Goes on Sale for the First Time in India at 12 PM on Amazon, Mi.com
    Last chance to enter to win a $1,400 iPhone XS Max & Airpods in this giveaway
    Redmi 7A with Snapdragon 439, 2 GB RAM announced in China starting at CNY 549
    Video for all — so give it to them easily with a year of Wave.Video at over 90% off


    Copyright © 2019 TechLair. All rights reserved.
    Privacy Policy • DMCA • Contact