QuadrigaCX investigation has been on the radar of various regulatory watchdogs, and this time, it is the Canada Revenue Agency (CRA) who is going through the tax file returns filed by the now inoperative and once largest Canadian cryptocurrency exchange. What started of as a run-of-the-mill local trading online exchange in 2013, experienced a surge in Bitcoin transactions when the hysteria around Bitcoin was sparked in 2017. QuadrigaCX soon ran into accounting problems considering its inability to cope up with the rapid increase in cash flow. Things took a downturn when Bitcoin prices slashed, and the exchange was unable to
