• Another QuadrigaCX setback
    Cryptocurrencies

    Another setback for QuadrigaCX exchange victims

    Defrauded account holders turn to corporate investigations firm Kroll Inc after lawyers find no evidence linking shady payments processor Crypto Capital to the looted cryptocurrency exchange

    The long-running investigation into the loss of $190 million following the collapse of the doomed Canadian exchange QuadrigaCX has run into another brick wall.

  • Bitfinex repays tether
    Technology

    Bitfinex CEO says $850 million NY Attorney General called ‘lost’ was actually seized

    Weekend email to crypto exchange’s users does not say how or why those funds were seized by authorities of four countries including the U.S. and U.K.

    In disputing the New York State Attorney General’s claim that embattled cryptocurrency exchange Bitfinex and stablecoin-issuer Tether have lost $850 million, the CEO of the two firms’ parent company has raised a bigger question: why have four governments, including the U.S. and U.K., seized its money?