So what's this I hear someone moving users funds to personal accounts? Now for sure we are getting our money back in no time.
From the linked article, your money is long gone:Well at least the wife is still alive. Looks like she had a hand in transferring the funds or have accessed to those funds to buy lots of assets.
The Journal wrote Ernst & Young released a report last week indicating that Cotten had “funneled client money out of Quadriga and into accounts he controlled under assumed names,” as well as that the exchange should have assets worth approximately $214 million. In fact, the auditors were able to recover just $33 million: