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…