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Home / Business / QuadrigaCX co-founder was using a fake name? Previously convicted of fraud

QuadrigaCX co-founder was using a fake name? Previously convicted of fraud



Canadian cryptocurrency exchange QuadrigaCX has been making headlines over the past week for the unbelievable story about the death of the company's CEO, causing a loss of access to all customer funds. The CEO Gerald Cotten apparently passed away in December from complications related to Crohn's disease.

Speculation has been about Quadriga, who now owes its clients over $ 190 million in funds.

The exchange has since gone offline and QuadrigaCX filed an affidavit by Cottens Widow, Jennifer Robertson.

Read More: What we know about the Quadriga story so far

Social media has seen all sorts of potential stories played out on what could possibly have happened to both the CEO Gerald Cotten as well as the funds from the exchange, following a recent report stating that the exchange never actually lost access to any of their wallets.

Social media has now come out and stated that Quadriga Co-founder Michael Patryn is a fact not Michael at all but rather convicted felon, Omar Dhanani. According to social media, Dhanani was convicted of fraud for operating an online marketplace for identity theft in the USA, and was released in 2007.

The latest news on that could disaster for Quadriga, as well as customers expecting to get their funds out of the exchange. What is also about is the fact that if this is true, Dhanani would have access to customer identification documents and could do with them as wishes.

While the information has not been confirmed by a credible source as or yet, it is just another avenue that sheds a dark light on the entire situation. Stay with Chepicap for updates on the QuadrigaCX debacle.

Read More: Quadriga: Twitter user finds the exchange liquidated $ 1

2.7 million BTC

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