Quadriga's crypto ended up in CEO's accounts

Pedro Gonçalves
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Quadriga's crypto ended up in CEO's accounts

Gerald Cotten, the late Quadriga CEO, created a string of accounts on his Canadian cryptocurrency exchange, each under an alias and containing bogus dollar balances, according to Ernst & Young auditors. He used those accounts to buy his customers' cryptocurrency with those digitally conjured dollars that didn't actually exist, and then moved the ill-gotten Bitcoin and Ethereum to his accounts at other cryptocurrency trading sites. Gerald Cotten, the 30-year-old founder of QuadrigaCX, d...

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