https://www.cnn.com/2019/02/05/tech/quadriga-gerald-cotten-cryptocurrency/index.html
The death of a Canadian entrepreneur has left a huge stash of cryptocurrencies locked off from the people who own them.
Quadriga, Canada's biggest cryptocurrency exchange, said it's unable to gain access to $145 million of bitcoin and other digital assets after Gerald Cotten, its 30-year old CEO and co-founder, died of complications arising from Crohn's Disease while traveling in India.
"died of complications arising from Crohn's Disease while traveling in India."
Sounds like he shit himself to death!
Yeah I wouldn't be heading to India if I had Crohn's.
I'm kinda sick of hearing about Crypto and hope it goes away.
Crohns is no joke and can kill the young. Particularly if he was nowhere near a medical facility. But the circumstances makes one question. If he faked his death would he have access to everyone’s investment with that key?
Hate to say it, but I agree with @thehuemanatee. If you are smart enough to create a successful crypto currency, then you’d not be dumb enough to have a system only you know how to access...there would be a group of officers in the said company. India is a place where you can purchase a death certificate...especially if you have a nasty disease like Crohns...it makes it somewhat believable. Too many red flags with this one. If he truly was the only one who had access, then he certainly had access to all the accounts.
Quoted from TomGWI:What is Bitcoin?
Digital currency that the mafia uses to sell/exchange goods from what I hear.
I never have found a bank that would exchange bitcoin for cash. So its value to me is $0 since I cant use it.
A year later and $145 million is still locked in the Bitcoin account of a dead CEO who had the only access.
but no one knows if he is really dead.
https://www.cnn.com/2019/12/14/business/lawyers-exhumation-gerald-cotten-intl-scli/index.html
"Lawyers representing users of the collapsed Quadriga CX cryptocurrency exchange platform are requesting that Canadian authorities exhume and examine the body of its late founder, Gerald Cotten, to check if the person buried there is really him."
It’s a very Interesting story. Common sense dictates that either he is still alive or that he at least gave his wife the passwords and such to the cold wallets.
I hope they do dig him up just to verify death.
Quoted from Pinballs:Remember how the CIA destroyed Blackberry? Superb encryption, but it was decided by the US government to destroy it.
Are you talking about the phone company? Because Apple destroyed Blackberry.
Quoted from Pinballs:, the G8 won't let it happen
Pontiac was gone long before this.
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