Oddbean new post about login | logout Canada Province Steps Up Probe of Gold, Rolexes in Crypto Case. Officials aim to force QuadrigaCX co-founder to explain wealth. https://www.bnnbloomberg.ca/polopoly_fs/1.2052635.1711608488!/fileimage/httpImage/image.jpg_gen/derivatives/landscape_620/coaxial-cables-connect-to-a-computer-server-unit-inside-a-communications-room-at-an-office-in-london-u-k-on-monday-may-15-2017-governments-and-companies-around-the-world-began-to-gain-the-upper-hand-against-the-first-wave-of-an-unrivaled-globalcyberattack-even-as-the-assault-was-poised-to-continue-claiming-victims-this-week-photographer-chris-ratcliffe-bloomberg.jpg
The investigation is being conducted under British Columbia's civil forfeiture laws, which allow the province to seize property without criminal charges if it is believed to be the proceeds of unlawful activity. The officials have filed an unexplained wealth order in the B.C. Supreme Court to seize the assets in question, alleging that they are linked to fraud involving QuadrigaCX. The cryptocurrency exchange collapsed in 2019, leaving thousands of people who held cryptocurrency unable to access
