Monday, June 10, 2019

QUADRIGACX CASE IS BEING INVESTIGATED BY FBI

The FBI decided to ask on Twitter for the United States citizens who suffered from the disappearance of $100 mln in crypto assets from QuadrigaCX to come out. After that they gave link to a list of questions for the victims about the details of the occurrence.

Central authorities of many countries are interfering with the cryptocurrency sphere more and more. This can have both good and bad consequences.

For instance, after the Bitfinex hack in 2016, 27.7 Bitcoins were stolen from the exchange. In November 2018, the United States government informed Bitfinex that they had obtained the stolen crypto-assets which were eventually given back to the exchange.

However, the QuadigaCX case in of interest for many as there were many unusual factors. One of these is the fact that the death of the chief executive director a month after the disappearance of funds.

The exchange announced on February 5, 2019 that trading won’t be available on their platform any more.

Because of the given services to US-based crypto owners QuadigaCX may go under criminal investigation.

The United States government is trying to enforce crypto asset policies as much as possible. The Justice Department is apparently using firms with backdoor dealings as examples.

QuadrigaCX was a Canadian-based crypto exchange created in 2013 by Gerald Cotten.

The post QUADRIGACX CASE IS BEING INVESTIGATED BY FBI appeared first on Bitcoin News.



from Bitcoin News https://www.cryptocynews.com/quadrigacx-case-investigated-fbi/
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