Wonderland finance manager of the DeFi platform and also a fake cryptocurrency The fraudster, one of the founders of the stock exchange QuadrigaCX, began to launder the crypto money he obtained.
named sifu.eth Ethereum wallet sent 1,000 ETH tokens worth $2.77 million to Tornado Cash. The wallet in question appears to be linked to the Wonderland manager, who is alleged to be a serial scammer and also has criminal records.
Wonderland Scammer Launders 2,000 Ethereums, Equivalent to $5.54 Million
After this move, the fraudster sent 1,000 more Ethereum to the same platform, thus laundering a total of $5.54 million in black crypto money.
Tal Be’ery, CTO of crypto wallet ZenGo, made the following statements on the subject: “It is not possible to say with certainty that the scammer actually owns this wallet. But when we talk about this event, we can make an extremely close estimate.”
It was determined that the Wonderland manager was Michael Patryn, one of the founders of the Canadian cryptocurrency exchange QuadrigaCX, which turned out to be a ponzi scheme. After this news was reflected in the media, Wonderland’s TIME token suddenly lost 32% of its value. The cryptocurrency, which continues to bleed, has fallen by 60% since last week.
It is alleged that the fraudster in question also made a profit of 190 million dollars from the QuadrigaCX exchange.
After the developments, a decrease was observed in the values of DeFi tokens. According to data from DeFiPulse, the DeFi market has a TVL 28% lower than its peak recorded in November.