On Jan. 28, Toronto-based cryptocurrency trader Bill Tsao moved $75,000 worth of BTC to QuadrigaCX, and his timing couldn't have been worse.
The QuadrigaCX failure has claimed another victim. More than 100,000 investors lost a combined $190 million in crypto as a result of the exchange’s comedy of errors that were exposed by the death of CEO Gerald Cotten. Investors were left grasping at straws for any hope of recovering the lost crypto funds, which were stored offline in cold wallets. One bitcoin trader, however, might just be kicking himself harder than anyone else.
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