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Re: Crypto CEO dies with only passwords locked in his head, leaving cryptofags' accounts permalocked
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Byker
Mar 3, 2019, 2:47:29 PM3/3/19
to
wrote in message
news:c61266df-28cf-4990...@googlegroups.com...
>
> Subject: Crypto CEO dies holding only passwords that can unlock millions
> in
> customer coins
>
> EXCERPT:
>
> Digital-asset exchange Quadriga CX has a $200 million problem with no
> obvious solution -- just the latest cautionary tale in the unregulated
> world of cryptocurrencies.
>
> The online startup can't retrieve about $145 million (C$190 million) in
> Bitcoin, Litecoin, Ether and other digital tokens held for its customers,
> according to court documents filed Jan. 31 in Halifax, Nova Scotia. Nor
> can Vancouver-based Quadriga CX pay the C$70 million in cash they're owed.
>
> Access to Quadriga CX's digital "wallets" -- an application that stores
> the keys to send and receive cryptocurrencies -- appears to have been lost
> with the passing of Quadriga CX Chief Executive Officer Gerald Cotten, who
> died Dec. 9 in India from complications of Crohn's disease. He was 30.
Sounds like he shit himself to death...
news:c61266df-28cf-4990...@googlegroups.com...
>
> Subject: Crypto CEO dies holding only passwords that can unlock millions
> in
> customer coins
>
> EXCERPT:
>
> Digital-asset exchange Quadriga CX has a $200 million problem with no
> obvious solution -- just the latest cautionary tale in the unregulated
> world of cryptocurrencies.
>
> The online startup can't retrieve about $145 million (C$190 million) in
> Bitcoin, Litecoin, Ether and other digital tokens held for its customers,
> according to court documents filed Jan. 31 in Halifax, Nova Scotia. Nor
> can Vancouver-based Quadriga CX pay the C$70 million in cash they're owed.
>
> Access to Quadriga CX's digital "wallets" -- an application that stores
> the keys to send and receive cryptocurrencies -- appears to have been lost
> with the passing of Quadriga CX Chief Executive Officer Gerald Cotten, who
> died Dec. 9 in India from complications of Crohn's disease. He was 30.
Sounds like he shit himself to death...
a425couple
Mar 9, 2019, 10:59:47 AM3/9/19
to
out the passwords & got in. The problem was the
$200 million had been removed prior to Cotten's death.
Hmmm
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