QuadrigaCX has only $21 million in assets and $160 million in debt

According to CoinDesk, Ernst & Young's latest report released on May 1 showed that QuadrigaCX's current assets are only $21 million, but it owes creditors $160 million. In addition, the report lists three legal entities related to QuadrigaCX: Quadriga Fintech Solutions Corp., Whiteside Capital Corporation and 0984750 BC Ltd, each appearing as a bankrupt company.