The fallout from the Canadian cryptocurrency exchange QuadrigaCX saga continues to unravel in the courts with droves of angry investors demanding answers.
Among the hundreds of millions of dollars now presumably lost in the ether, one transaction of perhaps highlights the perils of digital-asset investing.
“I needed the cash so I just looked for the best price and thought this is the best place to sell,” said Bill Tsao, a Toronto-based cryptocurrency trader, in an interview with MarketWatch. “It was just over one hundred thousand dollars ($74,800 U.S. dollars) to pay down some mortgage and cover some other personal items.”
Tsao sold his…