But if it is an unprofessional move, then it will make QuadrigaCX reputation go down.
The exchange was already a dead platform with low volumes. I'd say their reputation was already tarnished.
Topic: Thoughts on the QuadrigaCX CEO suspicious death??? (Read 332 times)
My cousin who lives in Canada and is a user of QuadrigaCX has also been wondering the same thing and we were discussing this just the last time. The death was really sketchy, or to put into euphemism, timely for the recent events Gerald had gone through 2 weeks before his death. Anyway, one thing's for sure, funds are lost forever if private keys are really inaccessible.
The exchange was already a dead platform with low volumes. I'd say their reputation was already tarnished.
The exchange was already a dead platform with low volumes. I'd say their reputation was already tarnished.
The death wasn't faked. I can say that with 99% confidence. Was it suspicious? Of course. Gerald is dead though. This doesn't mean that Patryn doesn't have anything to do with it. He's a shady character to say the least.
That being said, the money isn't lost because private keys were lost. The money is gone. It was being syphoned out for a long time before Gerald passed away. This had already been confirmed via blockchain analysis, their lawyers etc.
An investigation is being conducted by the RCMP and FBI so I'm assuming we'll get more answers after a long time.
That being said, the money isn't lost because private keys were lost. The money is gone. It was being syphoned out for a long time before Gerald passed away. This had already been confirmed via blockchain analysis, their lawyers etc.
An investigation is being conducted by the RCMP and FBI so I'm assuming we'll get more answers after a long time.
How can you be so sure about him being dead. Are there written statements of people who saw the body, or were able to verify that there really was a funeral?
If the money was being syphoned it means that either the CEO wasn't the only one who had access, or that he was stealing it himself and got killed by someone who found out about it and wanted the money for himself. An accomplice maybe?
I've heard from people that I know and trust that he is in fact dead.
I would have to assume one of those is correct and the RCMP and FBI will let us know.
I thought this issue has been settled... has the owner's death been confirmed?
Doesn't he have a family or something? Haven't the family received his corpse. Or this may have been planned right before he developed the exchanges?
Doesn't he have a family or something? Haven't the family received his corpse. Or this may have been planned right before he developed the exchanges?
I know you're just sig spamming but that was terrible. Try googling it ffs. Yes he has family. Who do you think owns the business now that he's dead?
I thought this issue has been settled... has the owner's death been confirmed?
Doesn't he have a family or something? Haven't the family received his corpse. Or this may have been planned right before he developed the exchanges?
Doesn't he have a family or something? Haven't the family received his corpse. Or this may have been planned right before he developed the exchanges?
For the whole situation, if anything, it's either fraud, or them being super unprofessional and irresponsible.
These are just the two possibility of this event. If it is a fraudulent activity it will just leave some investors dismay since their money will be for nothing.
But if it is an unprofessional move, then it will make QuadrigaCX reputation go down.
The death wasn't faked. I can say that with 99% confidence. Was it suspicious? Of course. Gerald is dead though. This doesn't mean that Patryn doesn't have anything to do with it. He's a shady character to say the least.
That being said, the money isn't lost because private keys were lost. The money is gone. It was being syphoned out for a long time before Gerald passed away. This had already been confirmed via blockchain analysis, their lawyers etc.
An investigation is being conducted by the RCMP and FBI so I'm assuming we'll get more answers after a long time.
That being said, the money isn't lost because private keys were lost. The money is gone. It was being syphoned out for a long time before Gerald passed away. This had already been confirmed via blockchain analysis, their lawyers etc.
An investigation is being conducted by the RCMP and FBI so I'm assuming we'll get more answers after a long time.
How can you be so sure about him being dead. Are there written statements of people who saw the body, or were able to verify that there really was a funeral?
If the money was being syphoned it means that either the CEO wasn't the only one who had access, or that he was stealing it himself and got killed by someone who found out about it and wanted the money for himself. An accomplice maybe?
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I don't think it's a suspicious or CEO is not died. There are some people who always spread fud and that's what happened here too, in my opinion. CEO is died and it was proved too.
The death wasn't faked. I can say that with 99% confidence. Was it suspicious? Of course. Gerald is dead though. This doesn't mean that Patryn doesn't have anything to do with it. He's a shady character to say the least.
That being said, the money isn't lost because private keys were lost. The money is gone. It was being syphoned out for a long time before Gerald passed away. This had already been confirmed via blockchain analysis, their lawyers etc.
An investigation is being conducted by the RCMP and FBI so I'm assuming we'll get more answers after a long time.
That being said, the money isn't lost because private keys were lost. The money is gone. It was being syphoned out for a long time before Gerald passed away. This had already been confirmed via blockchain analysis, their lawyers etc.
An investigation is being conducted by the RCMP and FBI so I'm assuming we'll get more answers after a long time.
I am also sure that death is faked.
1. If somebody is ill then somebody do not do the long journeys.
2.I did not find anything about the purpose of his visit to India. Why he went to India and with whom?
3. Whom he met in India?
4. Why death certificate is obtained in India instead of bringing the body to Canada and obtaining it there.
I do not find any details that can answer these questions.
1. If somebody is ill then somebody do not do the long journeys.
2.I did not find anything about the purpose of his visit to India. Why he went to India and with whom?
3. Whom he met in India?
4. Why death certificate is obtained in India instead of bringing the body to Canada and obtaining it there.
I do not find any details that can answer these questions.
Anyone here a victim of the QuadrigaCX scandal?
I totally forgot to include this one, self confessed victim of the exit scam, Software Engineer loses life savings in Quadriga imbroglio.
Quote
Tong Zou wasn’t a stereotypical crypto bro bent on accumulating flashy trophies such as Lamborghinis when he deposited his life savings into Quadriga CX’s digital exchange.
The 30-year-old software engineer, who’d been working in California for seven years, just wanted to save a few bucks on transfer fees after deciding to move to Vancouver. It proved to be a C$560,000 ($422,000) mistake.
The 30-year-old software engineer, who’d been working in California for seven years, just wanted to save a few bucks on transfer fees after deciding to move to Vancouver. It proved to be a C$560,000 ($422,000) mistake.
I didn't know about the exchange until his suspicious death. Maybe the wife should be thoroughly monitored and kept under watch that is if he loved the wife while he was alive "am not sure if he is dead". Humans can frame up anything. The hospital he took trreatment in India and all the last contact with him should be closely monitored or detained. I believe the truth is going to surface as such. The Love Of Money Is The Root Of All Evil.
This faking of death would be the best scam of all time if it's true but the sole responsibility of the CEO in moving funds was also died with him so for as long the funds are in there and stuck we can't really say that it's suspicious until proven.
-snip-
The best scam of all time due to faking his own death? Maybe. But the award goes to mt gox for the amount of crypto involved. But the owner got caught. This ceo can not get caught because he was declared dead so nobody is looking specifically for him.-snip-
But you never know some one could recognize him if he hasnt gotten alot of plastic surgery already.
If it is real fake death, I have to agree that it is the best scam scenario/scheme. He mus have planned it long time ago for the scenario to make it look like a real ill and death. But he forget that people are not that dumb to be fooled with such story, at least there is should be a valid proof of the death.
The only way to prove is if we can see his dead body or not. Aside from that, long before the owner died the funds from their wallet were already emptied according to some reports (a court report, IIRC). So now it doesn't really matter where the owner or whether he's really dead or not, Quadriga as an entity should take responsibility for their poor management and intention of becoming a lawless exchange.
This faking of death would be the best scam of all time if it's true but the sole responsibility of the CEO in moving funds was also died with him so for as long the funds are in there and stuck we can't really say that it's suspicious until proven.
-snip-
The best scam of all time due to faking his own death? Maybe. But the award goes to mt gox for the amount of crypto involved. But the owner got caught. This ceo can not get caught because he was declared dead so nobody is looking specifically for him.-snip-
But you never know some one could recognize him if he hasnt gotten alot of plastic surgery already.
I think I've read that he has been diagnosed with some kind of disease. So him dying is not that unbelievable unless it was planned very long time before.
I also don't think that anyone could be this unprofessional, to be honest. Even If he was, the team and the board members agreeing to this make no sense.
I don't see how they are going to pull this off though, with the blockchain and the transparency coming with it, 190m vanishing without anyone knowing anything about it is impossible.
I think if the CEO is already ill and knows that he could be deceased any time soon he would leave the company to someone he trust.I also don't think that anyone could be this unprofessional, to be honest. Even If he was, the team and the board members agreeing to this make no sense.
I don't see how they are going to pull this off though, with the blockchain and the transparency coming with it, 190m vanishing without anyone knowing anything about it is impossible.
Or at least let the company continue and leave the funds behind for his family and for the company to continue to operate .
Just think about it if you are in the business and you already knew that you are ill you would do something about it and what's the point of taking other peoples money if you are already dead?
Unless someone is using him or he is only faking his own death?
or for any other reason.There are recent updates uncovered that this exchange was intended for lawlessness which means it isnt really tended to be listed on the very first place.
So it do uncovers the true color.
this is really an interesting side of story - https://www.coindesk.com/from-law-to-lawlessness-bits-of-the-untold-quadrigacx-story. sorry, but i don't buy the idea that he's dead already. even if he is diagnosed with a certain terminal disease, he should have planned some sort of contingencies for this exchange. i don't accept the idea that he's the only one who has access to all those vital passwords and keys. maybe couple of years from now, the funds will start to move again to undisclosed location.
I think I've read that he has been diagnosed with some kind of disease. So him dying is not that unbelievable unless it was planned very long time before.
I also don't think that anyone could be this unprofessional, to be honest. Even If he was, the team and the board members agreeing to this make no sense.
I don't see how they are going to pull this off though, with the blockchain and the transparency coming with it, 190m vanishing without anyone knowing anything about it is impossible.
I think if the CEO is already ill and knows that he could be deceased any time soon he would leave the company to someone he trust.I also don't think that anyone could be this unprofessional, to be honest. Even If he was, the team and the board members agreeing to this make no sense.
I don't see how they are going to pull this off though, with the blockchain and the transparency coming with it, 190m vanishing without anyone knowing anything about it is impossible.
Or at least let the company continue and leave the funds behind for his family and for the company to continue to operate .
Just think about it if you are in the business and you already knew that you are ill you would do something about it and what's the point of taking other peoples money if you are already dead?
Unless someone is using him or he is only faking his own death?
or for any other reason.There are recent updates uncovered that this exchange was intended for lawlessness which means it isnt really tended to be listed on the very first place.
So it do uncovers the true color.
The events surrounding the CEO suppose death are very shady, there were some indications that some tokens ( litecoin) were moved after the death was announced. In any case, the funds are public funds and should not in any way be in the custody of a single individual. The fact this was the case almost confirms it to be a ploy to defraud investors
Whether he's real ill and dead or faking his death, they should give assurance their customers to give refund.
If I had to guess I would say his death was completely fake. It doesn't take much to fake a death especially in a 3rd world country. This guy is off somewhere living the high life with those stolen funds.
Not a victim, but yea, it's too shady to actually be true(though I'm not claiming it's not true). Basically, the CEO, which is already ill in the first place, still didn't decide to actually hand over the private keys to another person, or better, use a multi-sig; then, he allegedly "died" in India whereas the place he died in is allegedly a place where fake death certificates are being made(I have no proof, don't quote me on this).
For the whole situation, if anything, it's either fraud, or them being super unprofessional and irresponsible.
For the whole situation, if anything, it's either fraud, or them being super unprofessional and irresponsible.
He did hand over some of them to his wife who was lying about all keys being lost. There was a transaction from one of the addresses owned by the exchange made by her after his death. She is involved in all of this and he probably isn't dead. Or he is dead and she lied about keys being lost along with him. They are both in it together or she is I'm sure of it.
There's no point in stating one's opinion on this, because all we can do is speculate. He could be dead, he could not be dead. He could have stolen, he could not have stolen. Nobody knows and I don't think anybody will know. I'd say there's about a 90-95% chance that it was an elaborate exit scam and/or hoax, but of course, there is no way to know for sure. The whole thing could be true, for all we know, although the odds of that are quite tiny.
But that is precisely what we do here, right? We discuss things, as simple as that.
I wasn't a victim of this precisely but the community should make a lot of noise about handling the security key backups well and of course that means giving it when something could happen. Maybe leaving it in a secret box in the will? That is one idea that could in fact solve the problem.
However, if everybody used the same secret box method certain measurements should be taken. To avoid even the lawyer, from taking over the keys and stealing the funds.
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