Canadian Province Targets QuadrigaCX Co-Founder with Unexplained Wealth Order

Michael Patryn, co-founder of QuadrigaCX, is facing an unexplained wealth order from the Canadian Province of British Columbia. The order requires Patryn to explain how he acquired his assets, including cash, gold bars, watches, jewelry, and a pistol found in a safety deposit box seized by the order. Patryn has contested the claim, with his counsel arguing that the order is unconstitutional. The Province of British Columbia is seeking to hold Patryn accountable for his alleged involvement in the misappropriation of customer funds and cryptocurrency through QuadrigaCX.