Canadian authorities just grabbed nearly a million bucks from Michael Patryn—yeah, that QuadrigaCX co-founder. We're talking cash, gold bars, jewelry, the whole nine yards. The kicker? Dude simply didn't bother showing up to court.
For those who need a refresher: QuadrigaCX went belly-up back in 2019, and what a mess that was. One of crypto's ugliest fraud scandals, hands down. Customers lost hundreds of millions when the exchange imploded. Now, years later, the government's still chasing down whatever assets they can find linked to the operation.
Guess skipping your court date doesn't really work out when you're tied to a collapsed exchange. The seized haul—roughly $1M worth—won't bring back what investors lost, but it's something. A reminder that the fallout from that disaster still hasn't fully settled.
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TopBuyerForever
· 12-09 02:05
The inescapable initiator
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GateUser-cff9c776
· 12-08 18:00
You can run, but you can't hide.
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MetaEggplant
· 12-08 17:59
You want to run away with just this little money?
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AirdropHunterWang
· 12-08 17:52
This money is still not enough to cover the losses.
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LowCapGemHunter
· 12-08 17:41
Rather than running away, it's better to take revenge on society.
Canadian authorities just grabbed nearly a million bucks from Michael Patryn—yeah, that QuadrigaCX co-founder. We're talking cash, gold bars, jewelry, the whole nine yards. The kicker? Dude simply didn't bother showing up to court.
For those who need a refresher: QuadrigaCX went belly-up back in 2019, and what a mess that was. One of crypto's ugliest fraud scandals, hands down. Customers lost hundreds of millions when the exchange imploded. Now, years later, the government's still chasing down whatever assets they can find linked to the operation.
Guess skipping your court date doesn't really work out when you're tied to a collapsed exchange. The seized haul—roughly $1M worth—won't bring back what investors lost, but it's something. A reminder that the fallout from that disaster still hasn't fully settled.