QuadrigaCX Reportedly Didn’t Lose Access to Bitcoin Funds – Could it More Than a Mistake?

2019-2-5 17:06

QuadrigaCX, a Canadian cryptocurrency exchange, is in serious trouble – its customers cannot access $150 million worth of crypto funds after the owner and CEO, Gerald Cotton, died of Crohn disease in Jaipur, India.

He was the only individual who had access to the”cold wallet reserves. ” The exchange reached out to Nova Scotia Supreme Court. . .

The post QuadrigaCX Reportedly Didn’t Lose Access to Bitcoin Funds – Could it More Than a Mistake? appeared first on NewsBTC.

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access funds → Результатов: 108


Avoiding QuadrigaCX’s $190 Million Disaster: How Do the World’s Largest Crypto Exchanges Store Funds?

Canada’s largest crypto exchange QuadrigaCX lost more than $190 million worth of user funds and is unable to reimburse its users. As CCN reported on February 1, the founder and CEO of QuadrigaCX passed away in India with sole control over the company’s cold wallets containing more than $150 million in cryptocurrencies like Bitcoin and Ethereum, and $40 million in cash stored with a third party.

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