Canadian Court Takes Control Of Disputed Funds Between Crypto Exchange QuadrigaCX And CIBC Bank

News | November 14, 2018 By:

The Ontario Superior Court is taking charge of a disputed sum between Canada-based crypto exchange QuadrigaCX and the Canadian Imperial Bank of Commerce (CIBC).

Last month, it was reported that Quadrigacx has been unable to access 28 million Canadian dollars ($21.6M USD) since January after CIBC froze multiple bank accounts owned by the exchange’s payment processor,