QuadrigaCX: creditors committee includes former Mt. Gox user

20 Mar, 2019
by David Robb
Update
QuadrigaCX: creditors committee includes former Mt. Gox user

The QuadrigaCX court case continues at Nova Scotia Supreme Court in Halifax, Canada. A creditors committee has finally been decided upon, and it includes a former user of the Mt.Gox exchange, as reported by CoinDesk.

For the case against QuadrigaCX to go forward, it was necessary for a small committee to be selected, in order to represent the many creditors who are making claims against the exchange. Of the 119 individuals who applied, 7 have been chosen, with 2 alternates. Canadian law firms Miller Thomson and Cox & Palmer were in charge of the selection process.

Read more: Surviving co-founder of QuadrigaCX has complex criminal past

One of the elected members, Eric Bachour, is no stranger to famously failed crypto trading platforms. According to the court filing, "Bachour is also a creditor of Mt. Gox in 2013, and has direct experience with arbitrage and market trading in cryptocurrency. Through the Mt. Gox process he gained exposure to the legal side of bankruptcy and insolvency".

Read more: Who is Gerald Cotten, the allegedly dead co-founder and CEO of Quadriga CX?4 cryptocurrency exchanges closed in 2019: what happened?

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Read more about: QuadrigaCX Mt. Gox

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