Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute

Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute 

Canadian court is taking charge of $26 million CAD claimed by crypto exchange QuadrigaCX due to a dispute over the funds’ provenance. Judge Glenn Hainey of the Ontario Superior Court of Justice granted the Canadian Imperial Bank of Commerce (CIBC) an interpleader order on Nov. 9, allowing the court to take control of the funds until their…

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