QuadrigaCX – DIGIT INFO

Quadrigacx Co-Founder Compelled to Account for 45-Bar Gold Stash

DIGIT — Sat, 30 Mar 2024 00:39:32 +0000

Michael Patryn, co-founder of the now-defunct Quadrigacx cryptocurrency exchange, has been compelled by Canadian officers to explain the origin of his wealth. Patryn must explain how he acquired a stash of 45 gold bars, more than $180,000 in cash, and a jewelry set with a diamond-studded Rolex watch. Quadrigacx Cofounder Must Explain 45 Gold Bar […]

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QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’

DIGIT — Sat, 13 May 2023 05:32:46 +0000

The creditors will receive a monetary equivalent of the value of their lost crypto assets as April 15 2019.

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Bankrupt crypto exchange QuadrigaCX to start ‘interim distribution’ of funds

DIGIT — Tue, 09 May 2023 16:35:00 +0000

Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million ($215 million Canadian) owed to creditors.

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$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were ‘Unauthorized’

DIGIT — Wed, 21 Dec 2022 19:00:33 +0000

On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court trustee, explained it did not authorize the spending of the funds and that prior reports detailed that the cold wallets were inaccessible […]

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$1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy

DIGIT — Tue, 20 Dec 2022 01:23:45 +0000

The wallets were thought to be inaccessible following the death of the exchange’s founder in 2018, as he had sole responsibility for the wallet’s private keys.

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DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL

DIGIT — Mon, 26 Sep 2022 17:30:00 +0000

Michael Patryn was doxed earlier this year to be the co-founder behind DeFi project Wonderland, which collapsed shortly after.

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Netflix’s crypto swindler documentary draws wild community reaction

DIGIT — Fri, 01 Apr 2022 08:49:45 +0000

Viewers of the documentary, especially those aware of the whole saga, resonated with the conspiracy theory about the founder faking his death.

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Daniele Sestagalli discusses Wonderland’s future after QuadrigaCX co-founder dox

DIGIT — Fri, 28 Jan 2022 21:00:00 +0000

“Some people said Wonderland should just be wound down and funds be given back to token holders. I believe this is the easy way out,” says Sestagalli.

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Co-founder of defunct exchange QuadrigaCX allegedly runs Wonderland

DIGIT — Thu, 27 Jan 2022 13:47:38 +0000

Recently surfaced allegations suggest the founder of DeFi protocol Wonderland was the co-founder of the now-defunct exchange QuadrigaCX.

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Netflix Announces Documentary About Quadrigacx’s Downfall

DIGIT — Mon, 27 Sep 2021 08:49:40 +0000

Netflix, the world’s largest video streaming company, has announced it is working on a documentary that deals with the aftermath of the Quadrigacx saga. According to brief descriptions, the documentary titled; “Trust No One: The Hunt for the Crypto King,” deals with how the users affected by the death of Quadrigacx’s CEO Gerry Cotten try […]

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