QuadrigaCX founder transferred customers' funds to his own accounts: report

HALIFAX -- The accounting firm investigating the unseemly demise of Canada's QuadrigaCX cryptocurrency exchange is accusing the company's late founder of creating fake trades and transferring customer funds into his personal accounts, where the money was used for high-risk trading and to enrich his lifestyle. "Substantial funds were transferred to Mr. (Gerald) Cotten personally and other related parties," says the report, prepared by Ernst and Young as it oversees the defunct company's bankruptc