By Canadian Press

Case of cryptocurrency firm QuadrigaCX to return to a Halifax courtroom today

Feb 14, 2019 | 3:07 AM

HALIFAX — The bizarre case involving the cryptocurrency firm QuadrigaCX is expected to return to a Halifax courtroom today.

The Nova Scotia Supreme Court has been asked to determine which law firms will represent 115,000 QuadrigaCX clients, who are owed as much as $260 million in cash and cryptocurrency.

The court-appointed monitor overseeing the search for the money said it recently found more than $900,000 in digital assets.

However, Ernst and Young also revealed that someone at QuadrigaCX “inadvertently” shifted about half of those crypto-coins into a site that is now inaccessible to the company.

FSIN

Chief Bobby Cameron re-elected for fourth term as FSIN Chief

1h ago

Economy

Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

8h ago

Police

Onion Lake man missing for nearly seven months found deceased near Alcurve: RCMP

8h ago

The Vancouver-based exchange was shut down Jan. 28 after the sudden death of its CEO, 30-year-old Gerald Cotten.

He led his five-year-old virtual business from a home north of Halifax.

The Canadian Press