California Engineer Loses $422,000 in Life Savings after Using QuadrigaCX; Is Help Coming?
A California-based engineer lost the entirety of his life savings after using QuadrigaCX’s cryptocurrency exchange for remittance. Tong Zou, 30, said in an interview to Bloomberg that he had opened a withdrawal request at QuadrigaCX in October 2018. According to his statements, he was planning to move to Canada at that time. Zou thought using a cryptocurrency exchange for remittance would save him money. So, he purchased bitcoins in the US and transferred them to his Canada-based Quadriga CX exchange account for a quick fiat withdrawal. “I wasn’t using it for trading — I just wanted to move my money
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Posted by Yashu Gola on February 10, 2019 @ https://www.ccn.com/california-engineer-loses-422000-in-life-savings-after-using-quadrigacx-is-help-coming