Ernst & Young calls for the transfer of the QuadrigaCX bankruptcy process to Ontario

On August 28th, Ernst Young, the trustee of the QuadrigaCX bankruptcy program, called for the transfer of bankruptcy proceedings to Ontario to simplify the process and reduce the QuadrigaCX property burden. Ernst & Young pointed out that the complexity of the case and the involvement of multiple law enforcement agencies placed a huge burden on the documentation requirements, so the proceedings needed to be transferred to Ontario to increase efficiency.