QuadrigaCX Founder’s Widow Will Cough Up $9 Million to Repay Users
Bankruptcy trustee EY and the widow of QuadrigaCX founder Gerald Cotten have come to a settlement – with affected users of the defunct exchange getting a $9 million payout.
Lowering the costs of private transactions in this way makes the public ethereum blockchain more competitive with private chains, EY says.
Now in public beta, EY's new review service assesses code quality and checks for malware.
The bankruptcy trustee overseeing the winding up of crypto exchange QuadrigaCX, will be turning all user information over to the Canada Revenue Agency.
The accounting giant is using blockchain tech to assist governments in improving transparency and accountability in the management of public funds.
"Enterprises will not go on to the public mainnet without privacy and security," EY's Paul Brody told CoinDesk.