Crypto CEO dies. He had passwords. Now, millions of dollars out of reach - News Summed Up

Crypto CEO dies. He had passwords. Now, millions of dollars out of reach


Ottawa: A Canadian cryptocurrency exchange was granted bankruptcy protection on Monday after its president took passwords for accounts containing 180 million Canadian dollar (USD 137 million) to his grave when he died suddenly. Nova Scotia's high court granted the application made by Cotten's widow Jennifer Robertson on behalf of the company, which has also stopped currency trading on its platform. Quadriga CX had announced mid-January that Cotten died of complications from Crohn's disease on December 9 while volunteering at an orphanage in India. "Despite repeated and diligent searches, I have not been able to find them written down anywhere." This story has been published from a wire agency feed without modifications to the text.


Source: Mint February 06, 2019 08:48 UTC



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