Gerald Cotten, the late founder of collapsed cryptocurrency exchange QuadrigaCX, ran the company like a Ponzi scheme, engaging in fraudulent trading that created substantial losses for its users, Ontario’s securities watchdog says in a new report.The findings by the Ontario Securities Commission, made public on Thursday, put to rest speculation that millions of dollars were stashed away in Quadriga’s cryptocurrency wallets and could have still been recovered if only someone other than Mr. Cotten had known the passwords to access them.Mr. Cotten, the founder and sole director of what was...…Gerald Cotten, the late founder of collapsed cryptocurrency exchange QuadrigaCX, ran the company like a Ponzi scheme, engaging in fraudulent trading that created substantial losses for its users, Ontario’s securities watchdog says in a new report.The findings by the Ontario Securities Commission, made public on Thursday, put to rest speculation that millions of dollars were stashed away in Quadriga’s cryptocurrency wallets and could have still been recovered if only someone other than Mr. Cotten had known the passwords to access them.Mr. Cotten, the founder and sole director of what was...WW…

Ottawa, toronto, london, washingtonCanada is now the only member of the Five Eyes intelligence-pooling alliance that has not barred or restricted use of equipment from Huawei Technologies Co. Ltd. in its 5G networks after Britain changed course on Tuesday and banned the Chinese telecommunications giant’s gear.The federal government is giving no indication of whether it will and its other Five Eyes allies – , Australia and New Zealand – and freeze Huawei out of supplying the super-fast 5G cellular technology, despite renewed calls from the opposition parties and mounting allied pressure.On...…Ottawa, toronto, london, washingtonCanada is now the only member of the Five Eyes intelligence-pooling alliance that has not barred or restricted use of equipment from Huawei Technologies Co. Ltd. in its 5G networks after Britain changed course on Tuesday and banned the Chinese telecommunications giant’s gear.The federal government is giving no indication of whether it will and its other Five Eyes allies – , Australia and New Zealand – and freeze Huawei out of supplying the super-fast 5G cellular technology, despite renewed calls from the opposition parties and mounting allied pressure.On...WW…