The ‘Interim Dividend’ For QuadrigaCX Creditors Will Be 13%

As part of an “interim dividend,” creditors of the bankrupt Canadian crypto exchange QuadrigaCX are expected to receive 13% of their total claims. Each “creditor with a proven claim will receive 13.094156% of their proven claim less the levy amount payable to the Office of the Superintendent of Bankruptcy pursuant to the BIA,” as stated in a notice to creditors that was sent out on May 12 by QuadrigaCX’s bankruptcy trustee, Ernst & Young (EY). Lawsuit Against Sears To Be Dropped After $223 Million Cash Injection: Ey “The interval profit accommodates a circulation of roughly 87.0% of the assets the The post The ‘Interim Dividend’ For QuadrigaCX Creditors Will Be 13% appeared first on Cryptoknowmics-Crypto News and Media Platform .