Aug 22, 20257507 Views
Aug 22, 2025
more than seven years ago, many cryptocurrency exchanges, including Bitfinex and the top Canadian exchange QuadrigaCX, began to experience serious funding issues. Cryptocurrency exchanges were suddenly "choked" by their final payment processor - the Panamanian shadow bank Crypto Capital Corp - and no one in the bank answered the phone. As time went from hours to days, weeks, and months, things became clearer: Crypto Capital Corp's employees decided to close shop and quietly took away over $88 million.
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