A Canadian cryptocurrency firm CEO dies without disclosing the password to $190 million!
By amirev777
@amirev777 (4117)
India
February 6, 2019 1:52am CST
Gerald Cotten, a 30-year old CEO of a Canadian cryptocurrency firm reportedly died in India, in December 2018, from complications from Crohn's disease taking with him passwords that has locked up $190 million in investor cryptocurrency. Even top security experts have not been able to unlock the encrypted password, creating a havoc amongst the investors. Online forums are being flooded with conspiracy theories, including whether he has really died at all or the whole is just a scam.
Read more at:
India Business News: The saga, just unfolding in the western media, goes back to December when Gerald Cotten, 30-year old founder of QuadrigaCX, died due to complications
5 people like this
4 responses
@Missmwngi (12915)
• Nairobi, Kenya
6 Feb 19
I have seen this discussion in a certain whatsapp group and everybody has his/her view about it. Hope they manage to get the password though
3 people like this
@amirev777 (4117)
• India
6 Feb 19
@Missmwngi Yes, hope rthey are able to retrieve the password, or else it will be a big loss to the investors. Hope they were not deliberately scammed.
2 people like this
@louievill (28851)
• Philippines
6 Feb 19
I read this news in coindesk, the widow does not know the passwords, even professional hackers can just do so much because some coins are in cold storage meaning it's off line
2 people like this
@amirev777 (4117)
• India
6 Feb 19
@louievill Yes,and the investors are in a tizzy - they do not know what to do!
2 people like this