According to pseudonymous cryptocurrency researcher “I am Nomad” and a report from The Block, QuadrigaCX co-founder Michael Patryn traded large Bitcoin positions on BitMEX surpassing the tune of $8 million. QuadrigaCX Co-Founder Allegedly Caught Making Major Bitcoin Trades QuadrigaCX, the now-defunct exchange which was once Canada’s biggest cryptocurrency trading platform, claimed to have lost $150 million in crypto assets following the death of its CEO Gerald Cotten. The exchange claimed that Cotten passed away with sole control over user funds stored in cold wallets. As such, the company has not been able to reimburse users who lost their funds on

The post QuadrigaCX Exposed? Founder Allegedly Traded $8 Million in Bitcoin appeared first on CCN

Categories: Mining