Canada-based QuadrigaCX, regarded as a Ponzi scheme, famously collapsed in 2019 after its principal founder, Gerald Cotten, was mentioned to have died in India. Patryn and the remaining associate declare they misplaced entry to C$115 million in buyer funds. That wasn’t the one controversy surrounding Patryn; he additionally pleaded responsible to credit score and financial institution fraud in 2005 and admitted to housebreaking, theft and laptop fraud in 2007.
