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Topic: the missing bit coin millions still unsolved (Read 163 times)

jr. member
Activity: 126
Merit: 7
January 22, 2021, 12:48:00 AM
#4
Did you go to the link I posted ? I  read the whole thing . The owners of the exchange were ex ponsi scheme operators.
A very interesting read . I was left with the feeling his wife and ex partner are all in it together.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
   
HALIFAX - In an office in Toronto, there's a laptop that could contain the keys to unlock $180 million in digital assets - virtual money possibly lost after the recent death of the whiz kid who founded one of Canada's largest cryptocurrency exchanges.

Gerald Cotten, a 30-year-old Nova Scotia resident and CEO of QuadrigaCX, was travelling in India on Dec. 9 when he died suddenly. His widow, Jennifer Robertson, has said Cotten was the only person with access to the laptop and the digital keys to the so-called cold wallets that are believed to hold the missing Bitcoins and other cryptocurrencies.

Experts in the cryptocurrency industry say there's a slim chance technicians will be able to recover the currency. About 115,000 platform users are owed about $180 million in cryptocurrency and another $70 million in cash.
This story only inspires dread among the people that are in the cryptocurrency community, chills run down my spine with this story. Imagine dying with no definite successor to your keys although this one is an exception because the guy's death is sudden, I could understand the feeling of not trusting even your wife with something this big but to not leave any physical clue or emergency access is not a good move because this means that more coins are going to get lost.
Death, sudden disappearance and many other cover up can make a wealthy individual a ghost and it has been proven militarily and most especially in terms of treasures, riches and all about money matters. If that guy really is dead then the chance of getting those Bitcoins back is still low because his wife doesn't know how to recover or what she needs to do but who knows? $250 millions worth of assets that is a huge and never ending headache if lost.
sr. member
Activity: 1274
Merit: 293
   
HALIFAX - In an office in Toronto, there's a laptop that could contain the keys to unlock $180 million in digital assets - virtual money possibly lost after the recent death of the whiz kid who founded one of Canada's largest cryptocurrency exchanges.

Gerald Cotten, a 30-year-old Nova Scotia resident and CEO of QuadrigaCX, was travelling in India on Dec. 9 when he died suddenly. His widow, Jennifer Robertson, has said Cotten was the only person with access to the laptop and the digital keys to the so-called cold wallets that are believed to hold the missing Bitcoins and other cryptocurrencies.

Experts in the cryptocurrency industry say there's a slim chance technicians will be able to recover the currency. About 115,000 platform users are owed about $180 million in cryptocurrency and another $70 million in cash.
This story only inspires dread among the people that are in the cryptocurrency community, chills run down my spine with this story. Imagine dying with no definite successor to your keys although this one is an exception because the guy's death is sudden, I could understand the feeling of not trusting even your wife with something this big but to not leave any physical clue or emergency access is not a good move because this means that more coins are going to get lost.
jr. member
Activity: 126
Merit: 7
I just read about QuadrigaCX, and the vanishing hundreds of millions . Very interesting . I suggest newbies read the whole thing .
https://www.vanityfair.com/news/2019/11/the-strange-tale-of-quadriga-gerald-cotten

      
         
      
   
   
   
HALIFAX - In an office in Toronto, there's a laptop that could contain the keys to unlock $180 million in digital assets - virtual money possibly lost after the recent death of the whiz kid who founded one of Canada's largest cryptocurrency exchanges.

Gerald Cotten, a 30-year-old Nova Scotia resident and CEO of QuadrigaCX, was travelling in India on Dec. 9 when he died suddenly. His widow, Jennifer Robertson, has said Cotten was the only person with access to the laptop and the digital keys to the so-called cold wallets that are believed to hold the missing Bitcoins and other cryptocurrencies.

Experts in the cryptocurrency industry say there's a slim chance technicians will be able to recover the currency. About 115,000 platform users are owed about $180 million in cryptocurrency and another $70 million in cash.

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A troubled Vancouver cryptocurrency business that was shut down in early November amid allegations that it owes its clients $16 million only has about $45,000 in “hard assets” remaining, according to a court-appointed receiver.

The B.C. Securities Commission (BCSC) shut down Vancouver’s Einstein Exchange after investigating numerous complaints from clients who said they could not access their cash and cryptocurrency assets from the company, which offered crypto-trading services.



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