QuadrigaCX CEO to Use Own Funds to Pay Customers

This was stated by Gerald Cotten's widow Jennifer Robertson
14 March 2019   169

The deceased founder of the QuadrigaCX Canadian Bitcoin Exchange, Gerald Cotten, could use his own funds to pay customers. This was reported by his widow Jennifer Robertson, CoinDesk reports.

In 2018, the Canadian Imperial Bank of Commerce froze $ 28 million in fiat assets of the exchange, without being able to confirm their owner.

While I had no direct knowledge of how Gerry operated the business, he told me that he had been putting his own money back into QCX to fund user withdrawals in 2018 while the CIBC money remained frozen. I believe Gerry had the best interests of the business in mind, and cared for his customers.

Jennifer Robertson

Gerald Cotten's widow

It also became known that Stewart McKelvey will no longer represent the interests of the exchange because of the presence of a certain conflict of interests, the details of which, however, are not disclosed.

The exchange is still trying to restore access to users' funds for $ 190 million. Earlier it was reported court gave additional 45 days for the exchange to look for missing funds.

eToro to List TRON

Tron became the 15th asset available at eToro; it can be purchased through various payment systems
25 March 2019   64

The eToro social investment platform, with more than 10 million users, has added support for Tron cryptocurrency (TRX).

The news of this, in particular, was shared by the founder of the TRON Foundation, Justin Sun.

According to him, Tron became the 15th asset available at eToro. The digital asset can be purchased through various payment systems, including Visa, MasterCard, UnionPay, Webmoney, PayPal, Yandex.Money, etc.

The eToro blog says that TRX also supports the CryptoPortfolio service, which allows investors to create diversified portfolios in one click.

In addition to Tron cryptocurrency on eToro, Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, NEO, EOS, Cardano, IOTA, Binance Coin (BNB) and ZCash are available.