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Quadriga Was a Ponzi Scheme, Ontario Securities Regulator Says

NEW: The Ontario Securities Commission has published a scathing report calling now-defunct Canadian exchange QuadrigaCX a "Ponzi," and denouncing the practices of founder and CEO Gerald Cotten.

Updated Sep 14, 2021, 8:50 a.m. Published Jun 11, 2020, 6:48 p.m.
Gerald Cotten, founder and former CEO of QuadrigaCX. (Original image by Trevor Jones)
Gerald Cotten, founder and former CEO of QuadrigaCX. (Original image by Trevor Jones)