'What happened at Quadriga was an old-fashioned fraud wrapped in modern technology.'

Lawyers are asking to exhume the body due to the "questionable circumstances surrounding" Gerald Cotten's death.

Ernst and Young, the accounting firm overseeing the Quadriga bankruptcy, is now asking for the proceedings to be moved from Halifax to Toronto.

Justice Darlene Jamieson said during the hearing Wednesday the case is challenging because QuadrigaCX "lacked books and records" and auditors are unable to speak the deceased owner.

The death of QuadrigaCX CEO Gerald Cotten has sparked concern about his trading practices and potential scams involving the cryptocurrency exchange.

The report confirms the Vancouver-based virtual company was "significantly flawed" when it came to financial reporting and operations.

QuadrigaCX was one of Canada's largest cryptocurrency exchanges before it was shut down amid a storm of controversy in January.

Vancouver-based QuadrigaCX was shut down in January after its founder and sole director, 30-year-old Gerald Cotten of Fall River, N.S., died Dec. 9 while travelling in India.

Though he was shocked to hear Gerald Cotten died, Adam O'Brien doesn’t accept conspiracy theories that suggest he faked his own death.

In the Supreme Court of Nova Scotia on Thursday, Justice Michael Wood extended an existing stay of proceedings until June 28, unless the CCAA proceedings are terminated before then.