Bitcoin is holding above $5,200, while the U.S. markets are shaky amid Trump’s threat to impose $11 billion in tariffs on EU goods. Tuesday, April 9 — As major cryptocurrencies are trading sideways, Bitcoin (BTC) is holding above the $5,200 mark despite a minor decline in price. Meanwhile, traditional markets are down as United States […]
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Canada’s major cryptocurrency exchange QuadrigaCX has been officially declared bankrupt. Canada’s major cryptocurrency exchange QuadrigaCX has been officially declared bankrupt, local media outlet CBC reported on April 8. Quadriga’s bankruptcy was reportedly approved today by Nova Scotia Supreme Court Justice Michael Wood, and follows the court monitor Ernst & Young’s (EY) recommendation that it should […]
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The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme. The Supreme Court of India has granted interim bail to two brothers who are among the chief suspects accused of running a Bitcoin (BTC)-related Ponzi scheme. The development was […]
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Ernst & Young has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy rather than undergo restructuring. Big Four audit firm Ernst & Young (EY) has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy instead of being restructured as part of ongoing creditor protection proceedings. EY […]
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Indian cryptocurrency exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country. Indian cryptocurrency exchange Coindelta is terminating its services in light of the adverse operating climate for crypto businesses in the country. The development was announced in an official blog post on March 30. Eighteen […]
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India crypto and blockchain advocates protest in advance of a crucial supreme court hearing. The fourth and largest of a series of blockchain supporter rallies is set for Bangalore on March 30, and is anticipated to have a huge public impact because of the planned participation of numerous developers — the key to India’s blockchain […]
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The former operator of now-shuttered crypto exchange BTC-e, Alexander Vinnik, has lodged an appeal with a Piraeus court for his release or extradition to Russia. Former operator of now-shuttered crypto exchange BTC-e, Russian national Alexander Vinnik, has appealed with a Greek court for his release or extradition to Russia, local media outlet Kathimerini reported on […]
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QuadrigaCX’s legal council has formed a dedicated committee to help provide guidance in representing affected clients of the exchange. A new committee appointed by law firms Miller Thomson and Cox & Palmer will provide guidance in representing affected clients of major Canadian cryptocurrency exchange QuadrigaCX. The development was announced in a court notice on March […]
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Cryptocurrency fund manager Stefanos Papanastasiou is about to be brought to court by his clients over alleged losses. The founder of what reportedly claims to be Australia’s first online mattress retailer OzMattress and cryptocurrency fund manager Stefanos Papanastasiou is about to be brought to court by his clients over the loss of over AUD$20 million […]
Continue ReadingJennifer Robertson is seeking $225,000 in repayment for costs associated with QuadrigaCX’s creditor protection proceedings. The widow of the founder of now-defunct cryptocurrency exchange QuadrigaCX has asked the court for $225,000 in compensation for legal costs, Bloomberg reports on March 4. Jennifer Robertson, the wife of late QuadrigaCX founder Gerry Cotten, is seeking repayment for […]
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