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Sling of 180 million euros for cryptobedrijf after the death of ceo

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Sling of 180 million euros for cryptobedrijf after the death of ceo

05 February, 2019 10:18
05-02-19 10:18
Last update: 22 minutes ago
Update: 22 minutes ago

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A Canadian cryptobedrijf should fear a noose of up to 280 million Canadian dollars (186 million euros) after the passwords to the cryptomunten to come, is lost. The only person who has access to the coins was the chief, but he died in december suddenly.

Quadriga CX is based in Vancouver, is now likely to file for bankruptcy, reports news agency Bloomberg. Ceo Gerald Cotten died unexpectedly at thirty years of age in India to the consequences of Crohn’s disease.

According to his widow, he was very concerned with safety. So was all the software that he used is encrypted, and to prevent the cryptomunten for customers saved would be stolen, he was the only one that coins could. But this now appears to be a huge problem to be concerned because the passwords are no longer to be found.

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