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QuadrigaCX Crypto Exchange Users Still Can’t Get Their Money Out

Published 01/17/2019, 11:00 AM
Updated 01/17/2019, 11:07 AM
© Reuters.

QuadrigaCX customers are complaining they still can't get their money out more than a month after the cryptocurrency exchange won a court dispute that had held up $19 million of funds.

While that would be worrisome enough, users' concerns were compounded by the company's announcement Monday that its CEO and founder, Gerald Cotten, had died more than a month earlier.

In a statement attributed to Jennifer Robertson, Cotten's wife, the exchange said he died on December 9 from complications arising from Crohn's disease while traveling in India. The same statement also said QuadrigaCX was working through a backlog of withdrawal requests and had set daily withdrawal limits.

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