According to a report made by coindesk:
Prices of tokens created by Daniele Sestagalli, one of the developers of Avalanche-based money market Wonderland, fell as much as 22% in the past 24 hours amid drama around Wonderland’s cofounders.
These tokens is said to have gain a cult following due to Sestagalli’s community-centric approach towards crypto projects. His protocols were worth billions of dollars at their peak, but the fortunes have since faded away.
All these plunged happened after Wonderland’s pseudonymous co-founder ‘Sifu’ was revealed to be Michael Patryn, one of the cofounders of failed crypto exchange QuadrigaCX, as reported.