The province has won a default judgment valued at more than $1 million for cash, gold, watches and jewelry linked to a failed cryptocurrency company in which investors lost at least $169 million.

The Vancouver-based cryptocurrency firm QuadrigaCX was believed to be the largest in Canada when it collapsed in 2019, leaving more than 76,000 customers missing their funds.

The firm was co-founded by Gerald Cotten and Michael Patryn. Cotten died suddenly in December 2018 while visiting India. The company said at the time Cotten was the only person who knew the security keys and passwords needed to access the funds.

In 2021, the RCMP seized $250,000 in cash, watches and jewelry from a safety deposit box in a CIBC branch in Vancouver belonging to Patryn. At today’s prices, the gold is v

See Full Page