I like the side story where Jesse Powell of Kraken mentions he's willing to share known Quadriga wallets with police. But...that reporters can only talk to him if they pay $100. That's funny.
I’m not sure if the two are linked. There is a service that exists to ensure anyone sending you a message on LinkedIn requires a payment of some sort to prevent spam. It was popular in the ICO days.
I wonder how the collapse of Quadriga will impact the housing bubble in Canada? I suspect some part of the assets was used for Chinese money laundering and investment in Canadian real estate(cue the Chinese guy in the article) .
It's just 250m so... not much.
At a time when detached homes in Toronto and Vancouver are selling for a million or close to it, this will have no impact. Foreign buyers have numerous options to move money out of their countries through the regular banking system or via in-person cash transfers. Both of which have far less risk than a virtual exchange run by a twentysomething now presumably dead.