The QuadrigaCX case may have been recommended for bankruptcy proceedings, but it looks like there is still much left to their tale to unfold. To give a little background for anyone that has not followed along so far, the ability to withdraw from this exchange has been a concern since early 2018. However, when Gerald Cotten was reported to have passed in December 2018, the trouble got worse.
After several weeks of attempting to sift through the information left behind, widow Jennifer Robertson, who was left with all of Cotten’s estate, requested and was granted creditor protection. The protection allowed the company, along with a court-appointed monitor, to look for the funds that were missing, allegedly held in cold wallets. There have been plenty of rumors about where these funds reside, though there have been multiple platforms to come forward that are willing to send back the funds that originated in QuadrigaCX’s exchange.