EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of C$215.7 million and assets totaling around C$28 million, had left its creditors in a state of uncertainty. In the latest notice from EY, it was revealed that Quadriga creditors will receive a payout equivalent to 13.094156% of the total value of their claims. EY’s Update Offers Redemption for Quadriga CX Creditors With Haircut Compensation Plan After enduring a protracted bankruptcy process that commenced in 2019, QuadrigaGo to Source
Author: coinmaker