Daniele Sestagalli, the co-founder of DeFi protocol Wonderland and stablecoin protocol Abracadabra, reportedly offered a few updates regarding what the future holds after the doxing of his colleague Michael Patryn. 

Specifically, one day before Sestagalli made the statement, an investor reportedly found out the fact that Patryn – who used to be the Head of now-defunct crypto exchange QuadrigaCX from Canada – is Wonderland’s chief financial officer. 

More than $145 million equivalent of QuadrigaCX customers’ capitals is reportedly still in the wind, following the mysterious death of its co-founder four years ago. 

Moreover, Patryn reportedly received charges accusing him of running a credit card fraud scheme under a different name in 2002.

“Do we wind down or continue to fight for the aspect of an investment DAO [decentralized autonomous organization] being a revolutionary new organization? For the option that I am for, which is to fight and bring someone new and experienced to manage the treasury.” Sestagalli reportedly remarked. 

Regardless of zero accusations of misconduct falling onto Patryn’s head regarding his tenure at Wonderland, the idea of letting a person with past criminal financial wrongdoings take charge of management for the protocol’s treasury triggered concerns throughout Wonderland users. 

In a forum proposal cited by Sestagalli – who wrote it – a co-founder of Bastion trading referred to as “TheSkyHopper”, reportedly urged for the instant removal of 0xSifu (Michael Patryn) from treasury management, along with naming a few associates in his company to take the place. 

“This is EXACTLY the type of action Dani needed to do in these hard times. That’s how a leader is supposed to react. We will grow back MUCH stronger moving forward.”

Wonderland reportedly functions as a reserve currency protocol developed on the Avalanche blockchain.