Paul Vigna

speaker
1,291 appearances 13 recordings 1 series first heard Jul 2017 last heard Apr 2022

Paul Vigna’s voice in public audio — every appearance, attributed to the second.

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That's changed a little bit.
These are larger markets now, still small, but larger markets, more mature, established exchanges.
So it's starting to change, but it is still the dynamic is always going to be you're talking about a global 24-7 financial market, which is different than what we're used to.
You were good enough to have me come into your studio.
So thanks, JR.
Yes.
And look, there is a lot we still don't know.
There is a lot that is is yet to be confirmed and figured out.
And there are a lot of different ways that this story could go.
And we are following it.
So that said, a 30 year old Canadian named Gerald Cotton.
was running a Canadian cryptocurrency exchange called Quadrica CX.
He apparently died in India in December.
So the company had been having a lot of a lot of money problems since going back to last January, last January.
In January 2019, they finally final they file for bankruptcy court protection.
And what comes out is that
Cotton was running the entire exchange from a laptop in his home.
He was most of the customer money was held in what the what in the Bitcoin industry they call a cold wallet.
It's basically just an account that is kept that is more or less kept offline.
Well, yeah.
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