QuadrigaCX

According to January 14 reports from a source close to the matter, a team from the intelligence and security service of the U.S. known as the Federal Bureau of Investigation (FBI), has decided to work with interested Bitcoin traders who lost their funds to the obsolete Canadian cryptocurrency exchange QuadrigaCX so as it can gather more facts and evidence regarding the main cause of exchange’s downfall.

The legal representative of users of the buckled QuadrigaCX Canadian digital currency exchange platform are demanding that authorities disentomb and inspect the body of its late co-founder, Gerald Cotten, to confirm whether the individual that was buried in that grave is actually him.

The CRA - Canada Revenues Agency (Customs and Revenue Agency), a federal authority which administers tax laws, started investigating the impending unknown revenues of QuadrigaCX, a defunct cryptocurrency exchange. On Monday Sept. 16, the Globe and Mail published a report saying that the Trustee on the QuadrigaCX insolvency case has managed to produce the tax returns files for previous earnings of the firm.

In Canada the major problem for local cryptocurrency exchanges is banking. This issue has booted major Bitcoin exchanges like Kraken, Coinsetter/Virtex, and Coinbase from Canada. Taurus, Coinsquare and QuadrigaCX are still working in the jurisdiction of Canada.