Global News quotes Toronto lawyer, Daniel Fuke, in an article on missing cryptocurrencies.
Currently, there are no rules that would prevent someone running a crypto exchange like Quadriga where millions are managed millions in customer funds from a personal computer without any kind of independent oversight or contingency plan, said Daniel Fuke, a lawyer with Fasken Martineau DuMoulin. Fuke has advised cryptocurrency exchanges, including Canadian crypto trading platform Coinsquare.