This is so sad. I know two investors who lost money on the exchange. is there any hopes that they will pay people? its absurd because its in Canada too. I cant believe they allowed them to operate under such circumstances. the government is really useless.
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Crypto regulations are new and governments are not deeply involved in them yet. QuadrigaCX is just one example in a long line of mishaps.
The effort to secure funds relies on the exchange and people need to recognize that. Here's a look at the security measures that need to be placed to keep traders' funds secured: https://www.coinfield.com/support/most-secure-bitcoin-exchange-canada