A Canadian judge has delayed a decision on legal representation for customers of major Canadian cryptocurrency exchange QuadrigaCX. The news was tweeted by Canadian Broadcasting Corporation reporter Jack Julian on. Feb. 14.
On Thursday, Feb. 14, the Nova Scotia Supreme Court reportedly brought together over “a dozen” lawyers who represent 115,000 cryptocurrency traders owed around $260 million ($195 million) by Quadriga after the exchange’s founder’s, Gerald Cotten, passed suddenly. Specifically, the customers are seeking CA$70 million ($52 million) in cash and CA$190 million ($142 million) in Bitcoin (BTC) and other cryptocurrencies.