Cryptocurrencies
Quadriga's Former Lawyer Says Founder Rid the Crypto Exchange of ‘Law And Order’ Folks
- Attorney Christine Duhaime says firm was terminated in 2016
- Says Duhaime Law was recently the target of an extortion plot
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She was a lawyer who once helped Vancouver crypto exchange QuadrigaCX get its regulatory footing until its chief executive decided to dump “law and order" folks.
Now Christine Duhaime of Duhaime Law in Vancouver blames Quadriga’s late founder, Gerald Cotten, for the decline of a firm that is now in shambles and owes 115,000 people about C$260 million ($194 million) in cryptocurrency and cash. Its downfall began one day in 2016, when Cotten decided he no longer wanted the Vancouver-based exchange to be a listed company, she said.