Cryptocurrencies
Crypto Coin Holders Vote Felon Treasurer Out of DeFi Project
- Quadriga co-founder was managing Wonderland’s treasury
- Wonderland’s future is unclear; some users want it to close
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Investors in decentralized-finance project Wonderland have voted out a felon who was overseeing the project’s treasury.
Some 87% of Wonderland’s participating token holders voted to oust the project’s treasury head, who goes by the pseudonym Sifu or OxSifu and was unmasked as Michael Patryn, a co-founder of the failed Canadian crypto exchange QuadrigaCX. Wonderland, which lets people earn yield on their digital coin holdings, has a treasury of $670.4 million, per its website.