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Message
$140 million in crytocurrency is locked after only person with password suddenly dies
Posted on 2/5/19 at 7:48 am
Posted on 2/5/19 at 7:48 am
LINK
Searched multiple keywords and didn't see this posted.
quote:
Quadriga has filed for creditor protection and estimates that about C$180m ($137m; £105m) in cryptocurrency coins is missing.
It has not been able to locate or secure its cryptocurrency reserves since Gerald Cotten died in December.
Cotten, 30, had sole responsibility for handling the funds and coins.
quote:
In court documents filed with the Nova Scotia Supreme Court on 31 January, his widow Jennifer Robertson, says the laptop on which Cotten "carried out the companies' business is encrypted and I do not know the password or recovery key".
"Despite repeated and diligent searches, I have not been able to find them written down anywhere," the affidavit states.
quote:
The founder died unexpectedly due to complications with Crohn's disease while travelling in India, according to court documents.
Searched multiple keywords and didn't see this posted.
This post was edited on 2/5/19 at 7:49 am
21
Posted on 2/5/19 at 7:49 am to GetCocky11
quote:
Searched multiple keywords and didn't see this posted.
But it was!!
Posted on 2/5/19 at 7:51 am to GetCocky11
Without that password they are SOL
Posted on 2/5/19 at 7:51 am to GetCocky11
You can beat that password....just by the time you do that coin may be worth zilch.
Posted on 2/5/19 at 7:51 am to GetCocky11
If I had Crohns disease I wouldn't go to India. Poor bastard probably crapped himself to death.
Posted on 2/5/19 at 7:51 am to GetCocky11
quote:
$140 million in crytocurrency is locked after only person with password suddenly dies
RIP Wiki
Posted on 2/5/19 at 7:52 am to GetCocky11
Don’t worry, it has no value in non-nerd world
Posted on 2/5/19 at 7:53 am to GetCocky11
Probably an exit scam to rip off those coins
Posted on 2/5/19 at 11:32 am to GetCocky11
So a business critical laptop is using local authentication only? That's stoopid.
This post was edited on 2/5/19 at 11:33 am
Posted on 2/5/19 at 11:40 am to GetCocky11
Have they tried slidingintofirst
Posted on 2/5/19 at 11:41 am to Lake Vegas Tiger
quote:
Probably an exit scam to rip off those coins
That's what I'm wondering. Is that dude really dead or did he somehow steal the coins and slip someone with stroke $10M to help him disappear himself in India with $130M.
Do you have any idea how well one can live in India with $130M? That's almost enough money to be able to forget that you're living in India.
This post was edited on 2/5/19 at 11:45 am
Posted on 2/5/19 at 11:42 am to GetCocky11
quote:
died unexpectedly due to complications with Crohn's disease while travelling in India
He shite himself to death after eating Indian street food
Posted on 2/5/19 at 11:44 am to Sao
no reason to suspect scam here... these people investing in wallets that are run by one person mine as well be buying their gf's fur coats from Newton Monroe
Posted on 2/5/19 at 11:46 am to Jack Daniel
quote:
Don’t worry, it has no value in non-nerd world
Except that it's worth approximately $140 million. Otherwise, you're exactly right. No value whatsoever.
Posted on 2/5/19 at 11:46 am to GetCocky11
Is it common for someone to suddenly die of Chron's disease?
Posted on 2/5/19 at 11:49 am to Landmass
quote:
So a business critical laptop is using local authentication only? That's stoopid.
And yet it seems obscenely secure
Posted on 2/5/19 at 11:49 am to tiggerthetooth
quote:
Is it common for someone to suddenly die of Chron's disease?
It is after eating this:
Posted on 2/5/19 at 11:49 am to GetCocky11
Have they tried his dog’s name?
It’s probably his dogs name.
It’s probably his dogs name.
Posted on 2/5/19 at 11:55 am to TigerstuckinMS
They would likely be able to see the funds in his wallet. They would know if they were moved.
Posted on 2/5/19 at 11:59 am to TSLG
quote:
They would likely be able to see the funds in his wallet. They would know if they were moved.
100% this, but most folk have 0 clue how to follow blockchain. With that said, wallets have about 100 stock addresses it could be spread across, then the possibility of multiple currencies. So unless it's monero (xmr), should be relatively easy to verify.
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