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HomeUncategorizedQuadrigaCX users could see money from co-founder’s forfeited safety deposit box

QuadrigaCX users could see money from co-founder’s forfeited safety deposit box

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A still image of Michael Patryn from a YouTube interview that was streamed live in 2015. The RCMP has seized items from a safety deposit box belonging to the Quadriga co-founder.

Former users of QuadrigaCX could receive additional payments now that a co-founder of the defunct cryptocurrency exchange has forfeited the contents of his safety deposit box to the B.C. government.

The province’s Civil Forfeiture Office was granted a default judgment earlier this year resulting in the forfeiture of $250,200 in cash, 45 gold bars, four luxury watches and several items of pricey jewellery.

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Ethan Radcliffe
Ethan Radcliffe is a senior reporter and digital editor at The Toronto Insider, specializing in Canadian federal policy, GTA urban development, and national economic trends. With over a decade of experience in North American journalism, Ethan focuses on translating complex legislative and economic developments into clear, accessible reporting for Canadian readers. Ethan’s work emphasizes policy analysis, government accountability, and data-driven reporting, with a strong focus on how federal and provincial decisions impact communities across the Greater Toronto Area and beyond. He has covered infrastructure planning, housing policy, fiscal strategy, and regulatory changes affecting Canadian households and businesses. A graduate of Toronto Metropolitan University’s School of Journalism, Ethan brings expertise in investigative reporting, long-form analysis, editorial standards, and digital publishing best practices. His reporting is guided by verifiable sources, public records, and transparent sourcing. In addition to reporting, Ethan has experience in newsroom editing, fact-checking workflows, SEO-informed journalism, and audience analytics, ensuring stories meet both editorial integrity standards and modern digital discoverability requirements. Ethan is committed to objective, fact-driven journalism and adheres to established ethical guidelines, prioritizing accuracy, clarity, and public trust in all reporting.

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