There May Still be Hope for Funds Lost on Cryptopia and QuadrigaCX Exchanges

12 Jul 2019

There May Still be Hope for Funds Lost on Cryptopia and QuadrigaCX Exchanges

Not all may be lost for those that held funds on QuadrigaCX, the now-bankrupt Canadian exchange, and Cryptopia, the New Zealand market operator. The exchanges, which closed in early 2019, are now in a lengthy procedure for bankruptcy, and are seeking former traders’ input to recover at least some of the assets.

While the exchanges suffered losses for very different reasons, now there is a possibility for a procedure to return the funds.

In the case of QuadrigaCX, where it became clear the losses were due to fraud and misuse of funds, there is a...

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