Bitcoin investors may be out $190 million after the only guy with the password dies, firm says
2019-02-05 01:09:33 Discuss Imagine if your bank froze your savings account because the only person with the combination to the vault had died. Investors in a Canadian crypto-currency exchange are in a similar fix after the only person with the password to accounts valued at $190 million in U.S. dollars died unexpectedly in India in December, CoinDesk reported. Gerald Cotten, CEO and co-founder of QuadrigaCX, died of complications from Crohn's disease Dec. 9 while traveling in India to set up an orphanage, the firm wrote Jan. 14 on Facebook. In a filing Thursday for creditor protection with the Supreme Court of Nova Scotia, Jennifer Robertson, Cotten's widow, said his death left the company unable to access the bulk of its crypto-currency funds, CBC News reported.
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