Month: April 2019

A Public Relations Company that Cares

Bitfinex Exchange Reportedly Used Tether To Cover $850 Million Losses

The New York Attorney General’s Office has issued a stunning press release that officially announced a court order against cryptocurrency exchange Bitfinex’s parent company, iFinex, detailing violations against New York residents for alleged fraud. The allegations involve an apparent loss of $850 million by the exchange Bitfinex, that it attempted to surreptitiously cover with using…
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The Curious Case of QuadrigaCX

What was at one point the leading cryptocurrency exchange in Canada, QuadrigaCX has devolved into a tangled mess of lost user funds, creditor protection initiatives, and mystery surrounding the deceased founder and missing funds. Now, QuadrigaCX is officially transitioning into bankruptcy following a ruling by the Nova Scotia Supreme Court that transfers the exchange out…
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