Canada Province Steps Up Probe of Gold, Rolexes in Crypto Case
- Officials aim to force QuadrigaCX co-founder to explain wealth
- QuadrigaCX crypto exchange collapsed amid a major scandal
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Provincial officials in Canada are trying to force the surviving co-founder of defunct crypto exchange QuadrigaCX to explain how he came by a cash hoard, 45 gold bars and jewelry including a diamond-studded Rolex.
The Director of Civil Forfeiture in British Columbia on Wednesday sought a court order to compel Michael Patryn to detail how the seized assets — including C$250,200 ($184,310) in cash — were acquired.