Jump to content



Photo

Crypto founder dies, investors locked out of $190,000,000

Crypto

  • Please log in to reply
4 replies to this topic

#1 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 24,590 posts

Posted 04 February 2019 - 11:11 PM

Crypto investors locked out of $190,000,000 after exchange founder dies...

 

2019/02/04

Investors in QuadrigaCX, Canada’s largest cryptocurrency exchange, were unable to access their funds after its founder, Gerald Cotten, died last year.

“Quadriga’s inventory of cryptocurrency has become unavailable and some of it may be lost,” Robertson wrote in the filing.

 

“The laptop computer from which Gerry carried out the companies’ business is encrypted and I do not know the password or recovery key. Despite repeated and diligent searches, I have not been able to find them written down anywhere.”



#2 dougie

dougie

    Member

  • Traders-Talk User
  • 6,279 posts

Posted 05 February 2019 - 01:55 AM

something smells about that story...

badly



#3 Russ

Russ

    Member

  • Traders-Talk User
  • 5,450 posts

Posted 05 February 2019 - 09:32 AM

Digits on a hard drive are not really worth much are they.


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#4 dougie

dougie

    Member

  • Traders-Talk User
  • 6,279 posts

Posted 05 February 2019 - 01:37 PM

i think he is alive and well with a new identity. 190 million can probably pull that off.



#5 dougie

dougie

    Member

  • Traders-Talk User
  • 6,279 posts

Posted 05 February 2019 - 01:45 PM

abcde down and away we go?