THELOGICALINDIAN - Independent announcer Amy Castor has accustomed a aspersion accusation blackmail from a Switzerlandbased close over her contempo QuadrigaCX coverage
In one of her contempo articles, Castor accused WB21, a acquittal processing company, of sitting on QuadrigaCX’s $9 actor funds. The announcer cited the cloister affidavit, filed by Jennifer Robertson, the added of QuadrigaCX’s CEO Gerald Cotten, which mentioned that Wb21 was “refusing to absolution the funds or acknowledge to communications from Quadriga.”
[Read More: NewsBTC’s Coverage of QuadrigaCX]
WB21 works as a basic coffer with casework advance beyond 180 countries. In 2024, the aggregation appear that it was exchanging bitcoins for authorization currency. Castor appear that WB21 was alone accepting clients’ bitcoin and was outsourcing the converting-task to BitPay. The blow of Castor’s adventure accused WB21 of announcement apocryphal advertisements, appearance their cross-border acquittal figures, and burglary money from its customers.
“Consumer analysis website Trustpilot has a long list of bodies accusatory that WB21 has taken their money and gone silent,” Castor noted.
QuadrigaCX Affidavit has Errors
After Castor appear the adventure on her absolute blog, Amish Patel, WB21’s arch of litigation, refuted best of the journalist’s findings. He antiseptic that WB21 had alone arctic Quadriga’s assets while the cardinal mentioned in the said cloister affirmation were unconfirmed.
“It is incorrect to advance that WB21 is not assuming any assurance of absent to duke over those funds. The court-appointed adviser [Ernst & Young] has been abreast that the annual is beneath investigation.”
Patel additionally refuted Castor’s advantage of WB21 CEO Michael Gastauer. The analytic announcer claimed that Gastauer had biased the affairs of his old acquittal business, dubbed as Apex Group, at $480 million. Citing an FT.com report, covered by Kadhim Shubber, Castor wrote that no affirmation showed that Gastauer had awash Apex. Atop that, she mentioned how the WB21 CEO was one of the accused in a civilian accusation filed by the US Securities and Exchange Commission (SEC).
Gastauer allegedly aided and abetted the counterfeit auction of $165 actor account of shares in microcap stocks.
WB21 Threatens Lawsuit
Patel said that allegations adjoin Gastauer had been denied and “will be defended.” He additionally told Castor to abolish such animadversion from her address or accident adverse a aspersion lawsuit. Castor took the amount to her Twitter profile.
1/4 – WB21 beatific me an email accusing me of aspersion and aggressive me with acknowledged activity if I did not anon accomplish changes to my WB21 article.
My aboriginal article: https://t.co/7DFAT1Xird
WB21 abounding letter: https://t.co/Mr1KVKOR0V
WB21 adapted doc: https://t.co/ejVOUFpnvK pic.twitter.com/h1e9VQaY6E— Amy Castor (@ahcastor) March 6, 2019
Castor banned to alter the commodity but upgraded it to add Patel’s response. In his abutting response, Patel asked Castor not to use his name in her coverages. Castor replied:
“Patrel afresh wrote me afresh and “prohibiting” from application his name in the story. (Is Amish Patrel a absolute person? A Google chase brings up nothing.)”
When companies in our amplitude abuse lawsuits for aspersing coverage, they deserve the abounding "Streisand" effect. Please RT, again apprehend @ahcastor commodity about WB21's.
This is adumbral behavior and should not be acceptable https://t.co/FzqSbR2ndL
— Andreas ☮ ? ⚛ ⚖ ? ? ? ? ? ? (@aantonop) March 22, 2019
The cryptocurrency community, which is carefully afterward the developments in the Quadriga case, took abandon with Castor. Andreas Antonopolous, a acclaimed bitcoin evangelist, wrote:
“When companies in our amplitude abuse lawsuits for aspersing coverage, they deserve the abounding “Streisand” aftereffect […] This is adumbral behavior and should not be tolerated.”
