Wonderland, the Avalanche-based DeFi protocol, is alleged to be co-founder Michael Patryn, a survivor of the now-closed Canadian crypto exchange QuadrigaCX.
A crypto detective who goes by the name Zach on Twitter.have postedChat with Daniele Sestagalli, the other Wonderland co-founder, on Thursday. They said they identified Wonderland’s co-founder OxSifu as Patryn.
Sestagalli confirmHis conversation with Zach is about 0xSifu, but doesn’t directly say 0xSifu is Patryn, a guy with a bad past.
“Today’s allegations against our team member @0xSifu will spread. I want everyone to know that I know this and to decide that an individual’s past does not determine their future. I choose to value the time we spend together, regardless of his past more than anything else,” Sestagalli said.
MyCrypto founder Taylor Monahan points to evidence on the network supporting Zach’s words.recordidentified as his Ethereum address for his hardware wallet, then herit showsthat this wallet still works Including transactions, for example, 17 ETH ($42,500) was sent to the address of 0xSifu.
And after the news spread, Sestagalli said indeclarationIt’s official that 0xSifu / Patryn will resign, then there will be a vote on whether he should return to the team or not. which voted to remove 0xSifu / Patryn from Wonderland’s Treasury Manager. willLast on January 29th, where Sestagalli said that 0xSifu / Patryn had “refunded all the money to multisign” and the money was in full.” 0xSifu / Patryn posted on Wonderland’s Discord channel: “I fully expect the vote. This won’t pass,” and he is “very heartbroken” to leave Wonderland.
Who is Michael Patryn?
Patryn has committed several crimes in the past.reportBloomberg, before founding QuadrigaCX in 2013, was sentenced to 18 months in prison in the US. The base has been implicated in identity theft related to bank and credit card fraud, and in 2005 he pleaded guilty to executing it. shadowcrew.com in 2002, a closed marketplace that stole credit card and bank card numbers, and in 2007 he also pleaded guilty to felony charges of computer theft and fraud.
Patryn changed his name twice – from Omar Dhanani to Omar Patryn in 2003 and Michael Patryn in 2008, with Patryn denying allegations that he and Dhanani were the same person.
What is Wonderland?
Wonderland was launched in September 2021 by Sestagalli and 0xSifu as part of the Olympus protocol on the Avalanche blockchain, which Wonderland community participants would call themselves “Frog” or “Frog Country.” It also included Abracadabra, Popsicle Finance. and Sushi (the community behind SushiSwap).
Wonderland is a “decentralized reserve currency protocol that owns its own liquidity.” The idea behind the protocol is to create stablecoins, which are not tied to the US dollar or any other currency, but are backed by a pool of assets. digital storage protocol
Sestagalli was the CEO of the discontinued Zulu Republic project in 2018. He was then Chief Technical Officer of Utopia Genesis Basis in 2021. He has since founded Popsicle Finance, Abracadabra and Wonderland.
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