- After handing over most of her assets and all of the estate's assets, Jennifer Robertson will be left with $162,700 in personal assets.
- She personally suggested the settlement after EY Canada released their fifth report, which revealed that her husband commingled client and corporate funds.
- In a statement, United States Attorney’s Office for the Southern District of New York alleged that Reginald Fowler and Ravid Yosef took part in a scheme, which involved using bank accounts to move money into unnamed crypto exchanges.
- The two allegedly worked for several interconnected firms that provided multiple cryptocurrency exchanges with fiat banking services.
- The stay of proceedings, which were granted to the troubled exchange last month, was extended by the Canadian judge Michael Wood, with the next hearing scheduled for April 18.
- The report by EY, released on March 1, identified six crypto cold wallets that were used to store Bitcoin (BTC), the currency most used on the platform. Apart from the $500,000 worth of BTC that were sent accidentally in early February, the wallets were empty.
- he troubled exchange remained unregulated, even though the BCSC was aware of it since 2017.
- It is believed that around $190 million in both fiat and cryptocurrencies remain inaccessible by the exchange since its CEO and founder, Gerald Cotten, died in December.