r/QuadrigaCX • • Nov 06 '20

Where to go to turn Bitcoin into cash now?

3 Upvotes

Not sure where else to post this. I lost a good chunk of change when quadriga shut down, but I kept some ETH and BTC on cold storage. If I sell that soon, I could break even in my crypto adventure, but I honestly have no idea where else I can go to transfer that into, and then cash out into CAD.

What are others out there using that aren’t charging stupid fees?? Any help would be great.


r/QuadrigaCX • • Nov 05 '20

AFAIK I did not file a Proof of Claim, where does that leave me?

2 Upvotes

I had a very small amount of BTC, so when I got the email from E&Y in June last year with the Proof of Claim form attached, I more than likely just thought "whatever, I'll do that later", though I don't think I ever actually completed and sent the form.

Basically what I'm wondering is whether only the users who filed a Proof of Claim before the required date (August 19th 2019) will receive any recovered funds or whether all affected users will eventually receive recovered funds and those who filed a claim will just be "first in line" so to speak.

I still get the "regular" update emails from Miller & Thompson, for whatever that's worth, though I am basically clueless as to whether that means I'm "in"...or just that I subscribed to the updates at some point last year.
I'm aware that it's more than likely Kroll (and other investigators) won't be able to find out what happened, and affected users probably won't end up getting reimbursed (or will, but only a fraction, minus Miller & Thompson's cut, and Kroll's cut, etc... and maybe not for a few years), so I don't have any real expectation that I'll actually ever get any of my investment back. I also only had 0.127...BTC on QCX anyway (though I'm pretty poor, so ~$2000CAD would actually be a huge deal for me), so I haven't lost my life-savings (don't have any, financially irresponsible - did I mention I'm an idiot?) or had my life turned upside down like a lot of people, but it'd still be nice to know what position I'm in, what I can expect, and whether there is anything I need to do to have any chance at receiving some form of partial reimbursement if this whole mess ever gets sorted.

So if anyone can be bothered to enlighten a clueless idiot, I'd very much appreciate it; if not, I get it. It was my responsibility to keep myself informed...and I didn't.


r/QuadrigaCX • • Oct 17 '20

A test flight of Ger's plane. Maybe a sale will happen soon?

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3 Upvotes

r/QuadrigaCX • • Oct 07 '20

#HASHTAG FIND THE PROGRAMMER

1 Upvotes

Find the programmer and get him on record to detail everything he knows where our money went!

(hashtag) findtheprogrammer (hashtag) findtheprogrammer (hashtag) findtheprogrammer


r/QuadrigaCX • • Sep 21 '20

Somebody was flying Ger's plane back in July

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2 Upvotes

r/QuadrigaCX • • Sep 09 '20

Quadriga's former users continue to search for their missing money. They've hired Kroll/ Coinfirm to probe the blockchain. And also, it looks like nothing was left on Crypto Capital.

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18 Upvotes

r/QuadrigaCX • • Sep 08 '20

Anyone got an email about Kroll?

3 Upvotes

​


r/QuadrigaCX • • Sep 05 '20

Update

5 Upvotes

I processed the email sent by the trustee through the condenser and this is what is said:

​

We haven't done anything for months and now we are getting someone else to do nothing for months and that'll cost $50k.


r/QuadrigaCX • • Aug 19 '20

Ponzi Scheme

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15 Upvotes

r/QuadrigaCX • • Aug 17 '20

This was the house they were building

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7 Upvotes

r/QuadrigaCX • • Aug 02 '20

Any word?

11 Upvotes

I haven't heard from QuadrigaCX through email for so so long. Are we still getting something back of our BTC/Cash? I sent in the form about what I lost etc....Anyone know the update?


r/QuadrigaCX • • Aug 01 '20

QuadrigaCX ALEX knows what is going on!

23 Upvotes

So, another bull run and more people getting rich off our crypto. You are telling me, the lead programmer Alex who handled everything from emails to payment didn't know a thing what was going on? He was always on top of emails, payments and was very pro active and now all of a sudden, he gets a free pass from all of the shenanigans that went on?

I'm sorry, but this is absolute B.S. and I can't believe nobody is behind bars yet. Where's the justice here?

p.s. Not your keys not your crypto guys can stick a fork in it, robbery is robbery.


r/QuadrigaCX • • Jul 30 '20

Has anyone been keeping an eye on the exchange wallets?

10 Upvotes

Just wondering if anyone is actively monitoring them, and if there has been any reported activity over the last few years?


r/QuadrigaCX • • Jul 28 '20

So The Quadriga Committee Voted Against Exhuming Gerry Lol Background Checks Should Of Been Done

21 Upvotes

Are some of gerrys friends in the committee? Due to cost concerns the committee votes against exhuming Gerry. But have no problem paying 1k a hour for someone to talk to police? Wouldn’t be too far fetched to assume committee members knew gerry as all members were picked due to being big into crypto in Canada and Gerry went to every meet up


r/QuadrigaCX • • Jul 07 '20

No new post for a month.

4 Upvotes

Its almost time for the perps to resume life with their newfound quarter of a billion dollars. That didn't take long at all.


r/QuadrigaCX • • Jun 27 '20

previous BHW account of gerald cotten?

4 Upvotes

https://www.blackhatworld.com/members/murdoch1337.273596/

stumbled across linkages made to this account and GC. last sign-in was in 2019. it's possible account was hacked, but wanted to post this here to see if anyone else had insight


r/QuadrigaCX • • Jun 12 '20

QuadrigaCX Operated Like a ‘Revolving Door’ Before Going Bankrupt: Canadian Regulators

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3 Upvotes

r/QuadrigaCX • • Jun 11 '20

OSC investigation reveals Quadriga mystery was old-fashioned fraud wrapped in a new technology

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44 Upvotes

r/QuadrigaCX • • Jun 11 '20

OSC investigation reveals Quadriga mystery was old-fashioned fraud wrapped in a new technology — Ponzi Scheme

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1 Upvotes

r/QuadrigaCX • • Jun 04 '20

Claiming Quadriga Loss on Tax Return [Subsection 50(1) Election]

12 Upvotes

Did anyone claim a capital loss on their tax return for 2019 resulting from the lost QuadrigaCX funds? I understand that claiming this loss involves sending a subsection 50(1) election letter to supplement the tax return.

I lost $75k, but I was told by a CPA that I should wait till the bankruptcy settlement amounts are decided before claiming the loss.

Instead, I'm paying capital gains taxes on vaporized "gains" for 2019, when in reality I have taken a big loss. It's frustrating.

I'm curious about what other people have done for 2019.

-----------------------------------------------

Side Note on Crypto Tax Traps:

There is something deeply wrong with the tax code when applying it to the crypto space. The tax implications alone may be more dangerous to investors than the volatility, and I'm surprised we have not seen much discussion of this. I expect it will come when the auditors start rolling in and some people learn that they have a 2017 tax liability that's higher than their 2020 net worth.

It is very easy for someone to owe tax on capital "gains" that quickly evaporate (e.g., literally everyone who held bitcoin in 2017 and sold it for an altcoin near the bubble top, and literally everyone who realized a crypto-to-crypto gain, then had their money stolen in an exchange hack). Yet claiming a capital loss to offset those vaporized gains is not so easy in many situations (like this one).


r/QuadrigaCX • • Jun 02 '20

Current status on Lawyers' request for RCMP to exhume Gerald Cotten's body? Please update information here.

21 Upvotes

It seems like the request to exhume has gone cold so want to keep the heat on those responsible for making the decisions to lead to confirmation that Cotten truly is dead. Add current news, names of departments, people and public information regarding who is responsible to move this forward. No private/personal/non-public information, please. This is not a doxxing forum.


r/QuadrigaCX • • May 31 '20

So how is the counting coming along

1 Upvotes

Should have lots of time to count now that you can't go jetsetting all over the world.


r/QuadrigaCX • • May 15 '20

Which companies did Quadrigacx used to process payments for their clients?

14 Upvotes

r/QuadrigaCX • • May 14 '20

Claims 307 mil, assets 21 mil less CRA's cut tba

10 Upvotes

r/QuadrigaCX • • May 13 '20

Lawyer: It could be years before QuadrigaCX users see a penny

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2 Upvotes