🧐 New documents link QuadrigaCX founders to Liberty Reserve money laundering operation
QuadrigaCX co-founders Michael Patryn and Gerald Cotton once ran an intermediary of Liberty Reserve, a centralized digital currency precursor of Bitcoin ($BTC) shut down by the Federal government in 2013. The intermediary, Midas Gold, had its domain seized by the government during the shutdown only months before the tandem would launch crypto exchange QuadrigaCX. BREAKERMAG notes that the link between the founders’ past and the failed exchange lacks strength, but adds to the mystery surrounding the case.
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