QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’

Creditors of the bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.”

According to a May 12

It has not been specified when the interim dividends will be distributed, however Miller Thomson, the law firm representing the creditors, suggested on May 8 that it will happen over the next few weeks.

QuadrigaCX was one the largest crypto exchanges in Canada before it became insolvent in early 2019. Shortly after its co-founder and CEO, Gerald Cotten, died in India, taking the private keys to QuadrigaCX’s offline storage systems to his grave.

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