Explore the future with our chart, predicting major profits and multiple corrections ahead. Anticipate the launch of spot #Ether #ETFs, #Bitcoin ETFs in Hong Kong, and the minting of billions in Tether, struggling to meet market demands. Overall, we're securing prime seats on…

Definitely tuning into the #ETF hype! Our #ZamWallet portfolios are essentially spot portfolio ETFs - each one is 100% backed by spot token positions, automatically bought back as liquidity increases. #Zamio #ZAM

We are keeping a close eye on these guys.

Now they take cryptocurrencies into account, they can’t fight it anymore) #ETF❤️ #Bitcoin

The current investment landscape is fraught with barriers and inefficiencies - high entry points for quality investments, emotional biases in trading, and a lack of genuine diversification options. @zam_io addresses these pain points head-on. Our Social Investment Indices…

Soon we will have a significant update of all infrastructure, which will allow us to fully carry out IIO through ZamWallet Web, and we are also now launching more than 1000 pages into search engine indexes, which will contribute to the growth of organic traffic for our products.

Overview of Zamio as a Web3 P2P Hedge Fund with Crypto Wallet Core: 1. Web3 Integration: Utilizing the decentralized, transparent, and user-centric features of Web3 to enhance user experience and security in financial transactions.

Attract $2m investment for 10% equity of Zamio for strategist partners at $20m valuation on the Seed round

Here some guys helped us thoroughly upgrade our markets with their new bots. You can see the before and after chart. This always affects traders. The surprises are just beginning! #ZAM #Zamio

Today is a good asset in our markets. #Zamio #ZAM #ZamWallet

Guys, hurray! Staking has passed all final tests, everything works. Now we have the ZamStaking v2.0 contract working. We understand that it was not pleasant to wait so long. To improve your attitude, we will have a gift for you. We'll make an announcement about it later.

Guys, we have prepared a detailed report on our work. Welcome! Zamio Platform Investor Report 2Q 2023: Unveiling the Future of Social Investment Indices (SoIndex)

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#zamio #zam #report #Investor_Report

Guys, we are doing the final migration process.

Guys, we're alive, we're working. I won’t say that things are easy for us now; the project is not going through its best days. The market is changing rapidly, and so are its needs. There are practically no retail investors.

🔥Guys, we want to tell you about our new strategic partner Actocracy. 🌎Actocracy - the world's first web3 Social Lifestyle app, closely intertwined with real-world local Communities, Events and Places.🤝 🎗Post information about any event, advertising a concert or your own business, which will be seen by all the inhabitants of your land! 🚀Arrange quests, search for treasures, be elected to the administration of the location to earn even more! Together we will conduct joint co-marketing activities and tell more about our partnership at the AMA.

This week has been a hot one in the crypto. Let's discuss the latest news. We were all happy that Ripple won the case.🥰 🔹Ripple won the case against the SEC. 🔹The SEC has accused Coinbase of intentionally violating the law. 🔹The CFTC has fined Bitcoin exchange Digitex $15 million. 🔹Coinbase and Binance Announce XRP Relisting 🔹In the US, they called for a review of the SEC due to the approach to crypto regulation 🔹US authorities filed seven charges against ex-CEO Celsius, and the platform settled claims from the FTC 🔹Cross-chain protocol Multichain stopped working 🔹SEC Accepts Applications for Spot Bitcoin ETFs 😄There has been too much news about the SEC lately. It won't be very surprising if they launch their own project to verify other projects' tokens.😂

🤓Today we will talk about interesting facts in the crypto. Also, write in the comments what you think about XRP, will this give an impetus to the market to start gaining momentum?👇🏻 1️⃣ Gamer legend: In 2010, a Norwegian guy named Christopher Kochers (Chris Koch) bought 5,000 bitcoins for $27. This amount has now grown into millions of dollars. 2️⃣ Bitcoin as energy: In some countries, cryptocurrency miners use energy from renewable sources such as the sun or wind to mine bitcoins, reducing the environmental footprint. 3️⃣ Blockchain for Elections: In 2018, the West African nation of Sierra Leone used blockchain technology to provide transparency and validate election results. 4️⃣ Bitcoin in Space: In 2016, Blockstream launched a satellite network that allows users to send and receive bitcoins without an internet connection. Now you can make transactions with bitcoins even when you are in remote places or in space. 5️⃣ First Cryptocurrency ATM: In 2013, the first Bitcoin ATM was installed in Canada. Now such ATMs are spread all over the world and allow users to exchange bitcoins for national currencies and vice versa. 6️⃣ Blockchain Charity: Some charities accept donations in cryptocurrencies. This allows the flow of funds to be tracked transparently and provides confidence in the use of donations. 7️⃣ Art cryptography: In 2018, the auction house Christie's sold the first cryptographic painting for $69.3 million. The work of the BBC artist, known under the pseudonym Beeple, was registered on the blockchain and sold for ethers

Guys, we're in touch. Don't worry, we're just getting ready to launch our new product and everyone is focused on it. But we do not lose touch, we are working, launching the product and also waiting for a great market🙏

WHAT IS HARMONY (ONE)? 🔥Harmony is a first-level blockchain that uses sharding and Effective Proof of Stake to ensure scalability, security, and decentralization. 🚀A team of like-minded people started developing a high-speed blockchain in 2017. After 2 years, the main network was launched. BLOCKCHAIN ​​HARMONY 🚫Like most next-generation networks, Harmony Blockchain aims to solve the blockchain trilemma where a blockchain cannot be decentralized, scalable, and secure at the same time. ✅To fix this, Harmony uses sharding and the Effective Proof of Stake consensus mechanism. HOW EFFECTIVE PROOF OF STAKE WORKS? 🥷Validators add ONE to the staking to run the node and possibly process transactions during the election process. Delegates transfer their ONE to selected validators in exchange for a percentage of future rewards. 🤑After the validators are elected by the shard, they create blocks and share the rewards with the delegates.

WHAT IS AVALANCHE (AVAX)? 🤓Avalanche is an open source decentralized blockchain with smart contract functionality. 🎇Avalanche's goal is to increase scale without sacrificing speed or decentralization. The platform is based on three blockchains: the exchange chain (X-Chain), the contract chain (C-Chain) and the platform chain (P-Chain). LEARN MORE 📖Unlike Proof of Work (PoW), Proof of Stake (PoS), or Delegated Proof of Stake (DPoS), the Avalanche protocol does not need a leader to reach consensus. 🤲This factor helps to increase the decentralization of the Avalanche network without sacrificing scalability. $AVAX TOKEN 💸AVAX is a native Avalanche token with a maximum turnover of 720 million. All fees on the network are burned by the deflation mechanism, which benefits the entire community.

⚡️GameFi is a fusion of the words game and finance. It refers to play-to-earn blockchain games that offer economic incentives to players. Essentially a fee to play and play to earn model. However, many games on-chain require an initial investment to start playing. The financial model is based on a fungible token native to the game and non-fungible tokens (NFTs) collected during gameplay. Rewards and costs differ from one game to another. 🕹According to some estimations, the global gaming market is expected to reach a value of $268 billion by 2025. Considering a career in gaming is no longer frowned upon but actually encouraged in many countries. Examples of P2E Games: 🔹Axie Infinity 🔹Sorare 🔹CryptoKitties 🎮Yes, the GameFi world is developing at a good rate and people are getting better and more elaborate content. Such games provide you not only with the opportunity to earn money, but also to have a good time, which is important in our time.

Hello friends! ZamWallet is a safe wallet to store, manage, send, and receive digital assets! ✔️Users can choose whether to store their private keys in our custody secured by Binance, or keep them at their possession with full control over security. 📍And now we are actively working on Investment Portfolios built by trading experts that will help you quickly and safely dispose of crypto investments. Our team is building a universal wallet for CeFi and DeFi that brings the best features of both technologies into one powerful app! 🔥 Stay tuned for announcements and feel free to ask questions!

WHAT ARE CRYPTO PAYMENTS? 💳Cryptocurrency payments are the ability to make fast payments profitably and without the need to convert funds into local fiat currencies for international transfers. HOW DOES IT WORK? 🔄In simple words, a crypto payment is the transfer of cryptocurrency from one wallet to another. 🙌For manual transfers, the recipient's public address is required. Copy the address to your wallet and you can send funds! WHERE? ✅You can make cryptocurrency payments using various services, for example, Binance Pay. 🥰Basically, such services do not charge a commission and are available to all users who own a cryptocurrency wallet of the corresponding service.

Guys, we are now undergoing big changes, we will soon share with you. Most importantly, we continue to work and will soon show you our results. We are very happy that you support us.❤️ ✌️We sincerely thank you for staying with us. Your support is invaluable and we promise not to disappoint you. Follow our news!

🚀#ZamWallet is a safe wallet for managing digital assets, with the option to store private keys with #Binance or keep full control. #Investment portfolios are coming soon! 🔒 👨‍💼More:

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#crypto #CeFi #DeFi

🔥Let's talk about our plans today: 🔹we continue to develop our wallet and add functionality there 🔹 now our developers are actively implementing functionality in the P2P Bot so that you have the opportunity to choose more currencies and tokens 🔹 we have completed the integration with a partner and continue to search for new technical partners for integrations 🔹 now we are also negotiating with traders for our Investment Portfolios 🔹9 days left before the release of the new version of staking, we are improving it now and checking it for security 🔹 there is also a security officer in our team who audits all our products for security 🔹 also we are actively looking for co-marketing partnerships and soon you will see with 2 posts and AMA

😀😀

💸How was your weekend, are you ready to go? We continue to actively monitor the market, what do you think about the situation with Binance and is it worth it to release new products now?💬 🔸 Crypto giant Binance's US affiliate fires staff after SEC charges 🧐Coinbase in SEC letter: DEX cannot be regulated as centralized exchanges. 🔸Binance announced its withdrawal from the Netherlands, and the media reported on the investigation into the French branch of the exchange 🙈 FDIC accuses OKCoin of misleading customers 💸 DAI overtakes BUSD in stablecoin rankings 💰Bitdeer Jihan Wu mined 283 BTC in May 👩‍💻SEC Disputes Petition to Dismiss Lawsuit Against Do Kwon 😱 Bakkt will delist SOL, MATIC and ADA 🔹Frax Finance will launch its own layer 2 Ethereum network

Hello, friends! ZamWallet is a secure wallet for storing, managing, sending and receiving digital assets! ✔️Users can choose whether to store their private keys with us under the protection of Binance or keep them with full security control. 📍You can already try our new feature Investment Portfolio. Now you do not have to waste time analyzing the market and promising tokens, experienced traders will do everything for you. Our team is building a one-stop wallet for CeFi and DeFi that combines the best features of both technologies into one powerful app! 🔥 Follow the announcements and feel free to ask questions!

❤️Guys, Bot Planet partners invited us here to their AMA, where we will discuss what is happening with the project now, what are our plans and what we are trying to achieve. Write a convenient date and time, from most of the answers we will choose and carry out. The best questions will also receive prizes!✌️

🚨 Quest: one more month of Crypto Hunters! The Crypto Hunters TV Show @chtvshow is the first-ever adventure-reality game show focused on cryptocurrency. Get a chance to win 1 of 280 Mystery Boxes 🎁 The total Prize Pool is $50,000!🏆🙈🔥 Mystery Boxes include 4 amazing options to win: ⚡️ Box 1: CH Merch - Huddie / T-Shirt / Сap ($100 / $60 / $30) ⚡️ Box 2: Marketplace Discount -20% / -30% ($40) ⚡️ Box 3: CH NFT ($500) ⚡️ Box 4: CH Coin ($25) 🏅 And also: 1-500 places — 3000 AQ Every week we will add a special Twitter task. Follow the updates to be the first to complete it and receive your reward 🔥 The chances of winning are incredibly high. Get started right now so you don’t miss the opportunity. QUEST:

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❤️‍🔥Let's talk about crypto news today. And today our token has grown a little, we are moving forward🔥 🔹Solana and Polygon criticized the classification of tokens from the SEC 🔹 Sturdy Finance lost about $770,000 as a result of the attack 🔹 Glassnode: Bitcoin miners sent $70 million to exchanges in a week 🔹 Tether replenished reserves by 1 billion USDT 🔹 Binance Announces Delisting of BNB Spot Pairs 🔹 BNB Chain Hack's Collateral Assets Near Liquidation on Venus 🔹 The head of Binance warned employees about surveillance through instant messengers 🔹 Binance.US will suspend USD deposits 🔹 OKX burned $258 million worth of OKB tokens 🔹 Ethereum Developers Approve Dencun Update Details 🔹 Kraken launches NFT marketplace 🔹 Updated bill on stablecoins presented in the US

🔥Guys, we wanted to tell you what we are about to complete the integration with our partner W3DNA. Seychas we add some more functions to the wallet and soon you can renew and protest yourself.

📝Today we have a post about SEC and XRP. After the US SEC turned its attention to the XRP token and began to claim that it is a security. There has been a stormy surge in the crypto market, which has generated significant interest and discussion in the crypto community. In this post, we will look at the main reasons why the SEC made this decision and why it matters to Ripple and investors.🤯 🔹Investment contract: One of the main reasons the SEC treats XRP as a security is its role as an investment contract. The SEC defines securities as investment contracts that represent an investment in an enterprise whose expected returns come in large part from the efforts of others. The SEC believes that XRP fits this definition, as investors who purchase XRP expect to receive income from the activities of Ripple Labs, the company that develops and promotes the Ripple platform. 🔹Lack of decentralization: Another important reason for considering XRP as a security is the issue of decentralization. The SEC claims that Ripple Labs has significant control over the distribution and collateralization of XRP, making it more like a security rather than a decentralized cryptocurrency asset. The SEC has expressed concern that investors are buying XRP in anticipation of its value rising under the influence of the efforts of Ripple Labs. 🔹Non-compliance with registration requirements: The SEC also points out that Ripple Labs failed to comply with the registration requirements for the securities offered. According to the SEC, the sale and distribution of XRP is an unregistered offering of securities, which violates federal securities laws.

🙏Guys, good news. We hired a cool smart contract specialist who is actively working now and correcting the mistake. In addition to the new clean code, there will be a security audit.❤️

Guys, let's discuss crypto news, what interesting happened?🔥 💰Bitfarms mined 459 BTC in May, and Marathon Digital mined 1245 BTC 👹FATF criticizes Qatar Central Bank for lax oversight of crypto firms 🚔 TikTok Blogger Admits to Money Laundering Using Bitcoin 🤑Vitalik Buterin and StarkWare supported the Kakarot zkEVM project ❌ Binance to Delist Anonymous Tokens in Four EU Countries 🐂 Dan Tapiero predicted an "explosive" bull market 😐NotLarvaLabs founder received $1.1 million in return for "nothing" 😭 The media reported about the reductions in Binance 💀 Founder of Onfocoin crypto project found dead 🛑 Cumberland to stop trading of Filecoin cryptocurrency

🔥Guys, we have good news for you! We have entered into a co-marketing partnership with the AINEMO project. Together with the guys, we will hold contests, AMAs and other activities for the community. 🐟AINEMO is a decentralized deflationary token aims to revolutionize DeFi based on Binance Smart Chain, used by AINEMO ecosystem applications to enable secure trading and thus it is the embodiment of community financial freedom. The AINEMO community intends to realize the ecosystem of NFTs, DeFi and other products.🐠 We are very pleased to welcome AINEMO to our board of partners.❤️‍🔥

😎Hello friends! Today we would like to share our thoughts and research on the world of blockchain with you and help you figure out which blockchain to choose. In recent years, blockchain technology has attracted a lot of attention from all over the world, and there are many different blockchain platforms, each with its own unique features and benefits. Let's take a look at some of them. 🔹Bitcoin: Bitcoin was the first and most famous blockchain project. It is a decentralized cryptocurrency that provides secure and anonymous transactions. The Bitcoin blockchain has been tested by time and has a large user community. However, it has limited options for smart contracts and scaling. 🔹Ethereum: Ethereum is the second most popular blockchain after Bitcoin. It offers more advanced features such as smart contracts and decentralized applications (DApps). Ethereum is also actively developing and introducing new features such as Ethereum 2.0 that will improve its performance and scalability. 🔹Binance Chain: Binance Chain is a blockchain platform developed by the Binance cryptocurrency exchange. It is specifically targeted at digital asset trading and provides high transaction speeds. Binance Chain also offers integration with other blockchains through cross-blockchain technology. 🔹Cardano: Cardano is a blockchain platform that aims to provide a secure and resilient infrastructure for financial applications and contracts. Cardano is actively exploring new approaches to blockchain scaling and security. 🔹Tezos: Tezos is a blockchain platform that uses a voting mechanism to make decisions about protocol upgrades. This allows the community of participants to make decisions about the development and governance of the blockchain.

Well guys, let's discuss what interesting things happened this week?🔥 🔹Digital Currency Group will close the TradeBlock institutional platform 🔹Fahrenheit consortium wins auction for Celsius assets 🔹Coinbase Lawyer Challenged Tornado Cash Sanctions NBA star Shaquille O'Neal again accused of promoting the collapsed FTX 🔹Changpeng Zhao saw signs of a bull market thanks to Chinese TV 🔹Base developers from Coinbase have revealed the details of the mainnet launch. The Aave community will vote for the integration of the L2 solution 🔹The Multichain team will pay compensation to those affected by the "force majeure". Binance Suspends Deposits of 10 Tokens Amid Protocol Issues

📣 Today we have a fascinating topic: the difference between tokens and coins in the world of cryptocurrencies! 🤔💰 🔸 If you've ever wondered what makes tokens different from coins, now is the time to figure it out. 💰 Coins like Bitcoin or Ethereum are cryptocurrencies that have their own blockchain infrastructure. They serve as a medium of exchange and store of value. Coins are fungible, that is, each unit can be replaced with another identical unit. Coins have their own independent network where transactions and block confirmations take place. 🔑 Tokens, on the other hand, are created on top of existing blockchains such as Ethereum or Binance Smart Chain. Tokens can have different functions and represent different assets. They can be used to represent a utility, own shares in a company, issue securities, and more. Tokens operate within the blockchain they were created on and rely on its infrastructure to complete transactions. 🚀 One of the important reasons for creating tokens on existing blockchains is the ability to use ready-made and secure infrastructure. Blockchains like Ethereum provide APIs and tools for developers to create their own tokens, making the process relatively easy and accessible. 🌟 It is important to remember that both coins and tokens are part of the cryptocurrency ecosystem and play a role in digital finance. They provide opportunities for innovation, financial instruments and economic development. 💡 Ultimately, the difference between tokens and coins lies in their functionality and where they exist. Coins have their own blockchains while tokens are created on existing blockchains.

🕰️ An event took place in the world of cryptocurrencies that still delights and surprises. In 2010, American Laszlo Heinitz exchanged the digital currency Bitcoin for just two pizzas. But at that time, no one could have imagined what value this deal would have in a few years! 🤩 🍽️ Heinitz offered 10,000 bitcoins (BTC) in exchange for pizza delivery. Someone accepted his offer, and two pizzas were delivered to Heinitz. He paid only 25 US dollars, and then no one suspected that these bitcoins would turn into one of the most valuable cryptocurrencies. 💸 📈 Today, the value of Bitcoin has grown exponentially, and 10,000 BTC has become a huge fortune. This transaction has become a symbol of the potential of Bitcoin and its ability to change our financial system. Heinitz has become something of a pioneer, demonstrating the possibilities of a new era of digital payments. 💰 🌐 The pizza deal was a major moment in the history of Bitcoin and showed that even the most ordinary things can have incredible value over time. It reminds us of the need to be open to new ideas and technologies that can change our lives. And who knows, maybe our today's decisions will become key in the future? 🚀

❤️Guys, if you have any problems with staking. Please contact our support team: @ZamzamSupportBot We will help you and answer your questions.🙏

🤑Only FIVE minutes left before listing on BitMart! You are ready? New listing - new opportunities!🔥 Log in to the BitMart website in FIVE minutes and start trading now!❤️‍🔥 Learn more:

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🚀#BitMart is thrilled to announce the listing of @zam_io on May 17th, 2023! 💰Trading pair: $ZAM/USDT 💎Deposit: Available Now 💎Trading: 05/17/2023 3:00 PM UTC 🤩Learn more:

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#BitMartNewListing #ZAM

👁Talk less, work more! Listing will take place on May 17, soon we will write the exact time and place. You are ready?🔥

Let's discuss today what was the news in the crypto. 💰 Proceedings against the SEC cost Ripple $ 200 million 🧍‍♂Sam Bankman-Fried asked to drop some of the charges 🤚 Texas to vote to include cryptocurrencies in state rights law 🐦Elon Musk announces his resignation as CEO of Twitter 🤡 Users bombarded Justin Sun's wallet with meme tokens 🔹 Transaction finalization failed on the Ethereum network 👀 Journalists learned about Changpeng Zhao's plans to reduce control over Binance.US

WHAT IS DEFI 2.0 AND WHAT DO YOU NEED THEM FOR? ✍️DeFi 2.0 is a collection of projects aimed at solving the problems of DeFi 1.0. 🎯DeFi protocols aim to popularize finance but face issues such as scalability, security, centralization, liquidity, and information availability. At the moment, the uptrend in DeFi is DAO governance and decentralization. EXAMPLES 🏊‍♂️Liquidity pools (LPs) have been extremely successful in DeFi by allowing liquidity providers to earn fees by staking different token pairs. ⚖️But if the ratio between token prices changes, liquidity providers risk losing money (non-permanent losses). WHY DEFI? ✅DeFi 2.0 is aimed at lowering the entry barrier and creating new earning opportunities for cryptocurrency holders. Users who cannot borrow from a traditional bank can do so with DeFi!

Dear community members, We want to reassure you and confirm that the listing of our token will take place as promised earlier. Although the process takes longer than we expected, it is due to the need to perform thorough technical checks and approvals from the exchange.🙏 ❤️We are fully aware of the importance of listing for our project and the contribution of each of you. The exchange has gone to great lengths to ensure that our token is safe and secure on their platform. They conduct additional technical testing to ensure that all aspects of our token meet their high standards. We understand that you may feel some anxiety while waiting for the listing. We thank you for your patience and support. We are sure that this additional stage of checks will allow us to ensure the protection of your funds.💬 ❤️‍🔥We will keep you updated and provide additional information as soon as we receive the final date on the listing on the exchange. Thank you for your understanding and support.

Many do not understand why Litecoin became popular. Is this hype? 👁Litecoin was created in 2011 by Charles Lee, a former Google employee. Litecoin became the first alternative cryptocurrency based on Bitcoin. 👨Fast and Reliable Transaction Process: Litecoin offers a faster and more reliable transaction network than Bitcoin. Thanks to the SegWit technology, which Litecoin introduced before Bitcoin, the transaction time in Litecoin takes only a few minutes. Also, Litecoin has lower transaction fees than Bitcoin. Widespread adoption and use: Litecoin is one of the most widely used cryptocurrencies in the world and is used in many online stores and services, including Steam, Namecheap, and others. This makes Litecoin a convenient way to make online payments and purchases.📢 💻Security: Litecoin uses the Scrypt hashing algorithm, which is less vulnerable to hacking than the algorithm used by Bitcoin. In addition, the Litecoin blockchain has more bandwidth than the Bitcoin blockchain, which makes it more resistant to attacks on the network. 💬Active Community: Litecoin has an active community of users and developers who are working to improve and develop the cryptocurrency. Thanks to this, Litecoin is constantly updated and improved, which makes it even more attractive to users. In addition, Litecoin is popular due to its faster transaction network. It can process more transactions per unit of time, which makes it more scalable than Bitcoin. In addition, Litecoin also has lower transaction fees, making it more affordable for users who do a lot of transactions.🚀 Litecoin has become popular due to its technical characteristics, widespread use, security, and an active community of users and developers.

Today we will recall with you famous stories from the crypto world. 💰QuadrigaCX is a cryptocurrency exchange that has become one of the biggest scandals in the history of the cryptocurrency industry. In 2019, the exchange filed for bankruptcy after its founder and sole chief executive, Gerald Cotten, died at the age of 30 in India. Cotten was the only one who had access to the private keys of the wallets where user funds were stored on the exchange, worth about $190 million.💎 ✍️After his death, the exchange was unable to access wallets and return money to users. This resulted in huge losses for many investors who lost their savings and funds held on the exchange. 1️⃣ Prior to its crash in 2019, QuadrigaCX was one of the largest cryptocurrency exchanges in Canada. It was founded in 2013 and provided access to trade in more than 10 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, etc. 2️⃣ After Cotten's death, there were many speculations that he was actually alive and hiding from the law. Some users of the exchange even sent private detectives to India to find him. 3️⃣During the investigation, it was found that Cotten stole huge amounts of money from exchange users. 4️⃣After the death of Gerald Cotten, his wife Jennifer Robertson claimed that he did not leave her access to the private keys of the exchange wallets. However, it was later revealed that Cotten created several fake accounts on the exchange, to which he transferred users' money using false names. 5️⃣ In May 2019, EY (Ernst & Young), the largest accounting firm, was hired to investigate the bankruptcy of QuadrigaCX. In its report, EY said that during the course of the investigation, they found many unusual financial transactions and difficulties in accessing the exchange's financial data. 6️⃣QuadrigaCX became the first cryptocurrency exchange in Canada to receive a license from the Canadian Financial Information Organization (FinTRAC), which underlined its status as a reliable and legitimate company.