Bitcoin Investor Lost Life Savings If QuadrigaCX Didn’t Issue $422,000 Withdrawal
Connected Reading: QuadrigaCX Reportedly Didn’t Drop accessibility to Bitcoin Funds -- is it More Than a Mistake?
Vancouver QuadrigaCX User Loses $422,000 Following Sale Of BitcoinZou, who considers that it isn’t curtains closed to the $422,000 he is owed, is coordinating efforts with his fellow sufferers, who have turned to McInnes Cooper and Bennet Jones LLP.
While this type of move is faked, particularly to so-called “repats” attempting to begin anew in their home state, Zou chose a peculiar route. Before transferring said over holdings Canadian exchanges for subsequent liquidation this was to buy Bitcoin on American exchanges. As Zou had the cash for a deposit to get a Vancouver house, he issued a withdrawal request. Quadriga didn't pay its dues, also abandoned Zou. He commented: Like many newcomers to the Canadian crypto market, Zou was drawn in by QuadrigaCX, discovering the Vancouver-based exchange has been the platform for him. He believed he could visit the exchange. Anyhow, he diluting the cryptocurrency for about $ dollars, and retreated his Bitcoin a vast majority of his assets. Rumor has it the provider never held 100 million value of Bitcoin either. Quadriga ’ s closure likely set a nail in the coffin so to speak while hearsay suggests that users get their withdrawals finally. While their coverage of this situation has brought things to light that must be known, comparatively little attention has been given to those affected, a supposed 115,000. Some missing while others lost their entire life savings. Mr recently sat down with a Canadian customer of the stage, who lives in precisely exactly the identical city the exchange supposedly has headquarters in. His story wasn’t pretty. Please heed his story.
At a matter of weeks, the demise of QuadrigaCX, after Canada’s largest Bitcoin exchange, has attained the front pages of mainstream media outlets worldwide. Mr , Reuters, and Fox Business are one of the bulk of outlets who have covered this debacle.