QuadrigaCX files suit against the CIBC

QuadrigaCX files suit against the CIBC

The QuadrigaCX, the digital currency exchange, has accused the Canadian Imperial Bank of Commerce (CIBC) for delaying transactions to some users. The exchange is encountering issues while accessing $21.6 million of its funds as the banks froze five accounts of Custodian Inc and its owner. The exchange claimed that the bank wrongly froze the funds.

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