The latest Ernst&Young report contains findings that suggest the QuadrigaCX exchange may have been used for personal enrichment, crossing the border between the corporate performance and personal assets. The finding follows weeks of speculation that Gerald Cotten may have diverted funds from the exchange, as no one was able to find the alleged storage of digital assets.
There was also evidence that funds from the exchange were moved to other wallets and even other exchanges, raising doubts about the rationale behind the moves.
