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Troubled cryptocurrency exchange QuadrigaCX has been granted an order for creditor protection by a Canadian supreme court. The court-issued order means QuadrigaCX will have 30 days of initial protection from its creditors to allow it to come up with a ‘Plan of Arrangement’. The time period can be extended by the court if QuadrigaCX is able to demonstrate that it will likely file a Plan of Arrangement and the extension is not damaging to creditors. Based in Vancouver, QuadrigaCX ran into trouble after the reported sudden death of its founder and sole director Gerald Cotten, which meant the exchange was unable to access $137 million worth of digital assets believed to be locked on Cotten’s laptop. Full story

10 February