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Canada-based QuadrigaCX, thought to be a Ponzi scheme, famously collapsed in 2019 after its main founder, Gerald Cotten, was said to have died in India. Patryn and the remaining partner claim they lost access to C$115 million in customer funds. That wasn’t the only controversy surrounding Patryn; he also pleaded guilty to credit and bank fraud in 2005 and admitted to burglary, theft and computer fraud in 2007.
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