2 entries tagged “canada”.
Founder and CEO of the Canadian exchange QuadrigaCX. An Ontario Securities Commission review concluded he ran it like a Ponzi scheme. He was reported to have died in December 2018.
A Canadian exchange that collapsed in 2019 after the reported death of CEO Gerald Cotten. An Ontario Securities Commission review concluded it operated like a Ponzi scheme, with a ~$169M (CAD) shortfall driven by Cotten's hidden trading losses.