The Globe and Mail reports in its Saturday edition that in 2014, Gerald Cotten and Michael Patryn had a discussion about how they could squeeze the most money out of their new company, a cryptocurrency exchange called QuadrigaCX. A triple-bylined item led by Joe Castaldo says that the two co-founders talked about stealing from the company, taking it public in a "pump-and-dump" scheme or using proceeds to "look at scam opportunities," according to chat logs recently filed in B.C. court. The court documents provide the first glimpse of the origins of what would become, for a time, Canada's largest virtual currency exchange, before it collapsed into bankruptcy when Mr. Cotten died in 2018 and thousands of users were unable to access their funds. The chat excerpts also reveal stark differences in how law enforcement and securities regulators investigated fraud at the company. In particular, the court documents filed by the Director of Civil Forfeiture in B.C. challenge a conclusion made by the Ontario Securities Commission that Mr. Cotten was the sole controlling mind of the company at the time of his death. After a 10-month investigation, the OSC concluded in June, 2020, that the exchange "operated like a Ponzi scheme."