There are new questions surrounding Quadriga, whose Nova Scotia founder, Gerald Cotten, reportedly died of complications from Crohn’s disease.
The court-appointed monitor’s report says QuadrigaCX “inadvertently” transferred 103 Bitcoins valued at $468,675 to so-called cold wallets, which the company is now unable to access.
Experts say there’s little evidence of the virtual safes where Quadriga says millions of its customers’ money is locked up.
Bow. Check. Lambo. Check. Makin’ it rain. Ch– hello officer!
London police confirm they were among several police departments across the country which responded to bomb threats on Thursday, connected to emails that demanded Bitcoin payments.
Cities across Canada and the U.S. were targeted by the bomb threats on Dec. 13, prompting evacuations and shutdowns in Aurora, Ill., Raleigh, N.C., and Atlanta, Ga.
Businesses spanning all across North America have been receiving emails claiming a bomb will go off in their business unless the recipient of the email submits payment by Bitcoin.
The targeted businesses were in Ville Saint-Laurent, Rivière-des-Prairies, the Town of Mount Royal and Anjou, and police say nothing linked the companies to one another.
Fraud, identity theft and identity fraud complaints have gone up a staggering 89 per cent in just five years, and Edmonton police say criminals are going high-tech.
If you’re among the millions who (literally) bought into the Bitcoin craze last year, a new study suggests you may have been taken for a ride.