The Vancouver Sun has initiated a third unexplained wealth order against QuadrigaCX co-founder Michael Patryn.

British Columbia is utilizing the UWO to demand disclosure of the origins of Patryn's assets amid efforts to fight crime.

Assets in question include cash, gold bars, luxury watches, and jewelry.

The QuadrigaCX exchange has been implicated in criminal activities and significant financial losses for customers.

The government may seize the assets if it proves they are tied to criminal activity.

Patryn faces allegations of profiting from customer assets and has a history of money-laundering involvement.

The case could establish a legal precedent for addressing unexplained wealth and disrupting organized crime's financing.