Quadriga CEO’s Widow Agrees to Return Estate Assets

The widow of the founder of the shuttered cryptocurrency exchange QuadrigaCX is returning about C$12 million ($9 million) of assets from his estate to the company as part of a voluntary settlement.

Quadriga Fintech Solutions Corp. shut down in January following the unexpected death of founder and Chief Executive Officer Gerald Cotten, leaving some 115,000 customers out of pocket for about C$260 million in cryptocurrencies and cash. His widow, Jennifer Robertson, had been dealing with the firm’s fallout ever since through a court-appointed creditor protection and bankruptcy process in Halifax, including providing “interim financing” for professional fees that she ...