How much money did Tong Zou lose after using quadriga CX?

The case is now explored in a new Netflix documentary in which Tong Zou appears, after he lost about 500,000 Canadian dollars (£306,000) - including $200,000 gifted to him by his parents. Tong Zou lost his life savings after using Quadriga CX. Pic: Netflix Tong Zou tries to avoid thinking about the amount of money he has lost.

Who is Canadian Tong Zou?

Canadian Tong Zou is one QuadrigaCX creditorfeatured in Dead Man's Switch a crypto mystery, who lost his life savings, more than $500,000, and had to sell his apartment in San Francisco to try to crawl out of debt. "Finding the characters or the people whose lives were really directly impacted by it was very hard to do," McDonald said.

Did Mr Zou buy bitcoin before selling on Quadriga?

Mr Zou bought Bitcoin with his money before selling the cryptocurrency on Quadriga, expecting 500,000 Canadian dollars to be transferred to his Canadian bank account. But three months later, there was still no sign of the money. Netflix is streaming a new documentary called Trust No One: The Hunt For The Crypto King. Pic: Netflix

Is QuadrigaCX a scam?

I guess I trusted (Quadriga) a lot.” At the time, Tong had friends who used QuadrigaCX, and his research led him to believe it was not a scam. So, he bought Bitcoin with the $400,000 and then sold it on QuadrigaCX. Ideally, Tong would have had CA$500,000 in his Canadian account.