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Canadian cryptocurrency fund boss Gerald Cotten died – and US$190million of his investors’ money may be encrypted forever

Posted by Michael Lance in cosmology, cryptocurrencies, economics, encryption

02.04.
2019

US$190 million in investors’ money has been locked since Cotten died in December. His widow says she doesn’t know his passwords.

About US$190 million in cryptocurrency has been locked away in a online black hole after the founder of a currency exchange died, apparently taking his encrypted access to their money with him.

Investors in QuadrigaCX, Canada’s largest cryptocurrency exchange, have been unable to access their funds since its founder, Gerald Cotten, died last year.

Representations of the Ripple, bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture. Photo: Reuters

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