Skip to main content

Program: 03 | Cracks in the Empire

Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume.

Gerald Cotten and his business partner, Michael Patryn, launch QuadrigaCX on Boxing Day, 2013. There's hype in the budding Bitcoin community and the small exchange seems to have a meteoric rise. But cracks begin to appear, problems with the banks, a software bug, and delays in paying back customers. Meanwhile, online rumours of a criminal past dog Michael Patryn.

More Information

Credits 

  • Hosted by Takara Small.
  • Associate producer: Eunice Kim
  • Sound design: Natasha Aziz and Graham MacDonald. 
  • Digital producer: Emilie Quesnel. 
  • Senior producer: Chris Oke
  • Executive producer CBC Podcasts: Arif Noorani.
  • Special thanks to Dave Downey, Cesil Fernandes, and Neha Poonia. Legal advice by Sean Moreman, and fact-checking by Emily Mathieu.
  • Additional audio comes from NPR, BBC, and CNN. 
Canada, Accounting Crime, Law, Crime and Justice, Cryptocurrency
Loading

Music to match your mood

Download the ABC listen app for free music podcasts and playlists