Canadian Province Wins Forfeiture of $1M QuadrigaCX Co-Founder's Cash & Gold via Default Judgment

A Canadian province has successfully obtained a forfeiture of $1 million in cash and gold belonging to the co-founder of QuadrigaCX after a default judgment was issued in the case. This legal victory comes in the wake of the controversial collapse of the cryptocurrency exchange, which left many investors and users facing significant financial losses. The court's decision underscores the serious implications of fraudulent activities within the burgeoning cryptocurrency industry and aims to ensure that the assets are reclaimed for those affected by the scandal. source: https://www.coindesk.com/policy/2025/12/08/canadian-province-granted-forfeiture-of-quadrigacx-co-founder-s-assets-with-default-judgement