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Tag: Ponzi Scheme

Canadian Securities Firm: Quadriga CX Was a Ponzi Scheme

Perhaps one of the biggest – and scariest – mysteries to emerge from the cryptocurrency space over the past few years has been...

Law Decoded: Dead Men Face No Charges, June 6-12

Editor’s note:  These are times strange enough that every conversation seems to include some verbal acknowledgment like “strange times, huh?” A quasi-anarchist police-free leftist...

QuadrigaCX Was A Ponzi Scheme Long Before Founder’s Death, OSC Report Reveals

More than a year after the sad end of Canadian cryptocurrency exchange QuadrigaCX, a new investigative report published by Ontario’s securities regulator reveals...

Cryptocurrency News Roundup for June 12, 2020

After coming so close to breaking the $10,000 barrier for the first time since the start of the month, Bitcoin BUY NOW bears...

Blockchain Bites: Designing Digital Dollars and Following the Quadriga Trail

Top shelf Digital DollarsOn Thursday the House Financial Services Committee (FSC) Task Force on Financial Technology convened on Capitol Hill to discuss the possible...

Bitcoin Can Be Valued – With Respect to What?

You find it difficult to value bitcoin? Do you have thoughts about it? Whether you can really measure it or not? Well, bitcoin...

Canadian Regulator Found QuadrigaCX CEO Guilty of Gambling With Customers’ Funds

Advertisement     The infamous QuadrigaCX case is under investigation in Canada. The Ontario Securities Commission (OSC) found former QuadrigaCX CEO Gerald Cotten...

QuadrigaCX Operated Like a ‘Revolving Door’ Before Going Bankrupt: Canadian Regulators

A new in-depth report on the now-defunct Canadian crypto exchange QuadrigaCX shows the platform operating as a Ponzi scheme months before going bust. From...

Quadriga Was a Ponzi Scheme, According to Canadian Authorities

Key Takeaways The Ontario Securities Commission has investigated QuadrigaCX and determined that its owner Gerald Cotten was committing fraud. The exchange covered up its losses...

Europol Busts Illegal Streaming Platform Operating Worldwide

Law enforcement agents across Europe have busted another crypto-operated crime ring, as they appear to be picking up from where they left off...

Quadriga Was a Ponzi Scheme, Ontario Securities Regulator Says

QuadrigaCX operated like a Ponzi scheme. That’s the key finding of an Ontario Securities Commission (OSC) report made public Thursday. OSC, one of Canada’s provincial...

Metrics show 80 percent of stablecoins like Tether and Binance USD are held by only six accounts

This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Long touted as an alternative to fiat currencies without the...

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