So it appears QuadrigaCX, the Canadian crypto exchange I used to transfer my money from the US to Canada, is doing really shady things with that money. Not only is my money taking 3+ months to arrive so far but every time I ask support they have the same excuse and just asking me to wait another 2 weeks every time.
Now recently they announced their CEO passed away last month under mysterious circumstances in India, and haven’t been giving any updates since. I have over $500k+ CAD stuck in that account. They aren’t letting anyone withdraw anything anymore or cancel the withdrawals that went out before. This really isn’t good. As if losing $170k in crypto last year wasn’t enough – this time it just feels unfair.
At least last year it was definitely my fault for taking on so much risk – taking out 3 loans, investing in shady ICO scams and masternode scams – that’s all my fault for taking on so much risk, but this is just crazy. QuadrigaCX operated for over 5 years as Canada’s (formerly before this fiasco) biggest crypto exchange. I already had an account with them before in 2017 so I just decided to use them to move my US money over back to Canada – I thought I was being clever avoiding the bank’s commission fees and getting a 6% premium on top of that – and now as it turns out, I might have just lost the rest of my money too. For picking the wrong exchange and for trying to get my money back to Canada after selling my SF apartment. Unbelievably, my luck keeps getting worse.
This is so unfair. I wasn’t even trying to invest in anything this time! Now on top of that, I am also actively interviewing for jobs around Seattle as well – so lately I’ve been quite stressed.
Imagine having all your life savings tied up in a shady crypto exchange that might go bankrupt at anytime – and having to focus on doing coding exercises on top of that. And then I’ll have to deal with getting another visa after that which is always a hassle.
I really hope that I get my money back, hoping and praying everyday that it isn’t a scam. Everyday I go on reddit and twitter to check if there’s any updates from QuadrigaCX and so far nothing. I wonder if I’ll have to get a lawyer and contact the RCMP about this eventually. Hope it doesn’t come to that.