Daniele Sestagalli discusses the future of Wonderland after QuadrigaCX co-founder dox

On Friday, Daniele Sestagalli, co-founder of decentralized finance or DeFi, protocol Wonderland and stablecoin protocol Abracadabra, release Statement on the way forward the human flesh of his colleague Michael Patlin:

“Are we ending or continuing to fight for investing in DAOs? [decentralized autonomous organization] To be a revolutionary new organization? For my option, that is to enlist and bring in a new and experienced person to run the treasury. “

The day before, an investor discovered the identity of Wonderland’s CFO as Patryn, the former co-founder of the defunct Canadian cryptocurrency exchange QuadrigaCX.Exceed $145 million worth of QuadrigaCX client funds Still missing after the mysterious death of its co-founder in late 2018.Additionally, Patryn was found guilty Running a credit card fraud scheme Renamed in 2002.

While there have been no allegations of wrongdoing during Patryn’s tenure at Wonderland, the idea of ​​appointing an individual with a history of criminal financial mishaps to manage the protocol’s coffers has raised alarm among many Wonderland users.In a forum proposal cited by Sestagalli, its author and co-founder of Bastion trading “TheSkyHopper” called for the immediate removal of 0xSifu (Michael Patryn) from financial management and suggested Have members of his company join as replacements. One user El_jefe_NYC commented:

“That’s exactly what Dani needs to do in these difficult times. That’s how leaders should respond. We’re going to be stronger in the future.”

Wonderland is a reserve currency protocol built on the Avalanche blockchain. On Jan. 2, prior to the recent cryptocurrency market turmoil and the Michael Patryn dox, the total value locked in Wonderland’s treasury balance was $1.9 billion. At the time of publication, however, that figure had dropped to $278 million.