THELOGICALINDIAN - Jennifer Robertson the added of backward QuadrigaCX architect Gerald Gerry Cotten has agreed to duke over assets acceptance to the asleep bitcoin barter in advantage of afflicted users
Liquidating Assets Belonging to QuadrigaCX Bitcoin Exchange
According to CBC News, Robertson is set to hand over QuadrigaCX assets still in her control to Ernst & Young — Trustees of the bitcoin exchange’s defalcation proceedings.
In a account issued on Monday (October 7, 2024) by Robertson’s acknowledged team, Cotten’s added appear that she had been active in attention QuadrigaCX’s assets back the alpha of the saga.
As allotment of the settlement, Robertson has agreed to handover all of Cotten’s acreage as able-bodied as a “vast majority” of her claimed assets in adjustment of afflicted users. An extract from Robertson’s account reads:
Once a above Canadian bitcoin exchange, QuadrigaCX imploded at the alpha of the year, afterward Cotten’s declared annihilation in December 2018.
As ahead appear by Bitcoinist, Cotten was the alone one with admission to the bitcoin exchange’s wallet.
However, letters after emerged accouterment evidence of embezzlement by the backward QuadrigaCX founder. More than 76,000 afflicted users say the bitcoin barter owes them over $190 actor in crypto and fiat.
Unaware of Husband’s Alleged Embezzlement
On the accountable of Cotten’s embezzlement, Robertson denied accepting any ability of the matter. According to her:
In September, the cloister in Nova Scotia agreed to move the affairs to Ontario to abate the amount of the trial. Meanwhile, Canadian tax authority is reportedly activity afterwards the aggregation for tax allotment spanning a three-year aeon amid 2015 and 2018.
Do you anticipate that Robertson had no ability of Cotten’s declared embezzlement? Let us apperceive in the comments below.
Images via Shutterstock
