The wallets were thought to be inaccessible following the death of the exchange’s founder in 2018, as he had sole responsibility for the wallet’s private keys.
Coinberry Crypto Exchange Gets OSC Nod, Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten
Following last year’s QuadrigaCX collapse and loss of client funds, Canada’s crypto exchanges are going the extra mile to rebuild the trust of consumers.
How to Stop the Next Quadriga: Make Exchanges Prove Their Reserves
Exchanges sometimes treat depositors’ assets like fractional reserves, with disastrous results. Time for regular audits, writes Nic Carter.