The administrator of one of the Telegram groups for the largest Quadriga creditor alleged that the firm, which is handling the asset recovery, is exploiting the situation.
“The trustee has billed Ernst & Young $2 million in expenses over 4 years and has taken no responsibility for the 104.34 #Bitcoin stolen, and is also withholding $6 million from creditors for a completely unexplained reason,” the administrator said in an interview.
He added that the trustee “has not made it clear whether the funds that are being held back will be distributed.” He contacted Ernst & Young for comment on the $6 million allegedly withheld from creditors, but has not yet heard back.


