News

QuadrigaCX Users Committee Creates!

QuadrigaCX Kullanıcılar Komitesi Oluşturuyor!

A new committee, appointed by law firms Miller Thomson and Cox & Palmer, will guide the representation of the affected customers of the large Canadian crypto-currency exchange QuadrigaCX. The progress was announced in a March 19 March declaration.

In filing, Miller Thompson announced the founding of the QuadrigaCX Affected Users Official Committee, consisting of seven users affected by the closure of the trading platform following the sudden death of its founding partner Gerald Cotten last December. .

At the time, the stock market claimed Cotten was the only person who had access to the keys to the wallets. cold wallet businesses reported that they could not access. The inaccessible crypto and QuadrigaCX, which are claimed to be the majority of the assets in the stock market, owed an estimated 115,000 users.

The newly established committee was established to assist law firms to represent all affected users in court proceedings against QuadrigaCX. the Committee

”Affected Users and Representative Council may hold consultants, experts and consultants to advise and advise the Official Purpose Committee on the fulfillment of their ve reported.

Committee members have various areas of expertise and are now terminated cryptocurrency unit traders include industry players such as Eric Bachour. Magdalena Gronowska, who has experience in economic policy development for the Government of Gox and Ontario.

Miller Thomson and Cox & Palmer were appointed as legal representatives of the QuadrigaCX in February by the Supreme Court of Nova Scotia Justice Michael Wood. Representative Council

“Manage communication with users; [Ernst & Young]; advocating user interests in court; identify potential conflicting interest among users; and advocates user privacy. "

As reported yesterday, the founding partner of QuadrigaCX, Michael Patryn, has reportedly been involved in a number of criminal activities in the past. Patryn and his partner Lovie Horner remain two of the largest shareholders of the QuadrigaCX, although they have not been involved in company operations since 2016 due to their dispute with Cotten.

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph