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The court added the QuadrigaCX exchange 45 days to search for cryptocurrency assets

The Canadian court granted the QuadrigaCX cryptocurrency exchange, which has lost access to users' funds for $ 190 million, for another 45 days to search for missing assets. It is reported by CoinDesk. According to a representative of Ernst & Young (EY), which controls the process of protecting QuadrigaCX from creditors, the court decided not to interfere with the activities of the stock exchange, which deals with “data and assets recovery”. For the period of the trial assistance […]

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The Canadian court granted the QuadrigaCX cryptocurrency exchange, which has lost access to users' funds for $ 190 million , for another 45 days to search for missing assets. It is reported by CoinDesk .

According to a representative of Ernst & Young (EY), which controls the process of protecting QuadrigaCX from creditors, the court decided not to interfere with the activities of the stock exchange, which deals with “data and assets recovery”.

For the period of the trial assistance in managing the exchange will provide
restructuring director.

In addition, the court ordered the Amazon Web Services cloud service to transfer data stored in the personal account of former QuadrigaCX CEO Gerald Cotten.

We add that the requirement of the widow of Kotten, Jennifer Robertson, to recover from creditors $ 225,000 to cover legal costs, the court rejected.

The next hearing is scheduled for April 18th.

Earlier, EY reported that the six cold wallets of the exchange, where, as expected, tens of millions of dollars were stored, were empty , and the average monthly total balance on accounts from 2014 to 2018 was 124 BTC (about $ 460 thousand)

According to the Zerononcense bloggers, some of the missing QuadrigaCX assets may be “very likely” on the Poloniex and Bitfinex exchanges . EY representatives did not comment on this information.

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