Christine Duhaime says Gerald Cotten decided one day in 2016 he no longer wanted the crypto exchange to be a listed company
She was a lawyer who once helped Vancouver crypto exchange QuadrigaCX get its regulatory footing until its chief executive decided to dump “law and order” folks.
“On that day, he terminated the professionals that were, in his mind, ‘law and order’ folks — the accountant, the auditor and me, the regulatory attorney,” Duhaime wrote in a March 26 post on Coindesk. “From that moment onwards, Mr. Cotten solely took over QuadrigaCX and operated the exchange as if it had no investors, no shareholders, no regulatory agencies and no law that applied to it— no corporate law, no securities law, no anti-money-laundering law and no contract law.
“I don’t know why Mr. Cotten decided to eschew regulatory law but I never spoke with him after that day,” she said.
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