Users of the bankrupt Canadian cryptocurrency exchange Quadriga CX will receive 13% of their claim amounts

ChainCatcher news, according to a creditor notice released by accounting giant Ernst & Young on Friday, users of the bankrupt Canadian cryptocurrency exchange Quadriga CX will soon receive checks for 13% of their claims. The interim distribution to users will account for 87% of the funds currently held by the trustee of the collapsed exchange.

Ernst & Young's documents show that Quadriga's estate owes CAD 303.1 million (USD 222.3 million) in claims involving 17,648 creditors, including Canada Post and the country's tax agency (CRA). (Source link)