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EY Reported Almost 17,000 People Filed Claims for Refunds from QuadrigaCX

Yiran Dai

Summary: Ernst & Young, monitor of crypto exchange QuadrigaCX’s bankruptcy application, released a notice to creditors on May 12. The document reported receiving a total of 16,959 proofs of claim for refunds from $167 million to over $300 million, depending on how assets are valued.

Ernst & Young, monitor of crypto exchange QuadrigaCX’s bankruptcy application, released a notice to creditors on May 12. The document reported receiving a total of 16,959 proofs of claim for refunds from $167 million to over $300 million, depending on how assets are valued, per CoinDesk. 

The assets come in multiple currencies, including bitcoin, bitcoin cash SV, bitcoin cash, bitcoin gold, litecoin, ethereum, CDN dollars, and US dollars. All claims will be converted to Canadian dollars for distribution.

By Yiran Dai

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Link: EY Reported Almost 17,000 People Filed Claims for Refunds from QuadrigaCX   [Copy]
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