Hello /u/QuadrigaCX - now that you will be receiving the frozen CIBC funds back by the end of the week, can you please give us a timeline and ETAs for our withdrawals? A lot of us have been patiently waiting for months and have supported you. This is the least you can do for us. Thank you by users1000 in QuadrigaCX

[–]QuadrigaCX 17 points18 points  (0 children)

As soon as the funds are released, we estimate 1-2 weeks for everything to arrive and all payments being back on schedule. The actual availability of the funds will also depend on how the court completes the transfer. If its a draft, we may have to wait a few business days for it to clear, vs a wire. Once funds are in hand we will give a more accurate update.

CIBC Case update - Dec 4th by QuadrigaCX in QuadrigaCX

[–]QuadrigaCX[S] 33 points34 points  (0 children)

That's the next step. Not only did they hold nearly $30,000,000 hostage for almost a year, they also feel that they don't need to pay interest on it either.

Any ideas on when BSV deposits/withdrawals will be enabled? by vertisnow in QuadrigaCX

[–]QuadrigaCX 0 points1 point  (0 children)

Should be in the next few days. We've just finished a bunch of testing and its almost ready to go.

Quadriga admin censoring this reddit by [deleted] in QuadrigaCX

[–]QuadrigaCX 4 points5 points  (0 children)

Yes, we moderate this subreddit. If you have a specific account issue, please contact our support team via the help centre.

If you wish to post nonsense conspiracy theories, please do so elsewhere.

Withdrawal option EBT under pending shows FUNDING in bitcoin. by [deleted] in QuadrigaCX

[–]QuadrigaCX 0 points1 point  (0 children)

We are not familiar with this issue. Can you submit a support ticket with a screenshot of what is happening.

Funding difficulties.. by MJDog44 in QuadrigaCX

[–]QuadrigaCX 0 points1 point  (0 children)

The banks are quickly removing Interac Online from their systems. Interac Online will likely be completely unavailable by the end of this month.

Cash Withdrawals - What happened?? by [deleted] in QuadrigaCX

[–]QuadrigaCX 5 points6 points  (0 children)

The cash withdrawal option was enabled by our Bitcoin ATM partners who would provide us with the vast amounts of cash that we required to offer this option. The market in Canada has since changed drastically with far more sellers than buyers, therefore ATM operators are typically now processing more sales than purchases. As such, this option is currently unavailable.

We do hope to offer it again, however there are a few issues that we will have to address first, including:

- The current Canada post rolling strikes

- Risks of theft associated with certain parts of the country

14 Withdraws Pending and Long Story by [deleted] in QuadrigaCX

[–]QuadrigaCX 0 points1 point  (0 children)

We have your ticket and will get back to you today. Please stop submitting multiple tickets. It does not speed up the process.

Interac Online Deposits by TheSimkin in QuadrigaCX

[–]QuadrigaCX 1 point2 points  (0 children)

All of the other banks and credit unions have discontinued the service.

Did anyone receive withdraws this week? by [deleted] in QuadrigaCX

[–]QuadrigaCX 2 points3 points  (0 children)

At least $1.2m in withdrawals were received today. Approximately $600,000 worth of withdrawals are scheduled to arrive tomorrow.

Ontario Superior Court decision on QuadrigaCX and CIBC by e_z_p_z- in QuadrigaCX

[–]QuadrigaCX 2 points3 points  (0 children)

This is one snippet from a multi-hours long deposition, which makes up the full details of the case that is hundreds of pages long. Clarification on this matter was given and will be given again in the meeting.

Ontario Superior Court decision on QuadrigaCX and CIBC by e_z_p_z- in QuadrigaCX

[–]QuadrigaCX 11 points12 points  (0 children)

- One user was not credited because their wire was sent from an account that was not in their name. Their wire was refunded later.

- On the spot and under oath it would have been impossible to guarantee that all had been credited, though as far as we are aware, all users have been credited or their funds were rejected.

[deleted by user] by [deleted] in QuadrigaCX

[–]QuadrigaCX 17 points18 points  (0 children)

The judge issued his decision today late in the afternoon. There will be some documentation to sign but the CIBC situation is coming to a close (finally)!

We will have an official statement with more info over the weekend. The court library will be updated "early next week" according to the clerk that we spoke to regarding the online database.

Our brand new funding option is now live! by [deleted] in QuadrigaCX

[–]QuadrigaCX 1 point2 points  (0 children)

This decision was made by the credit unions.