$190 Million in crypto funds ‘inaccessible’ after password holder for Canadian crypto exchange QuadrigaCX dies

Embattled Canadian crypto exchange QuadrigaCX, already embroiled in a variety of previous legal cases, claims that it no longer has access to roughly $190 million of clients’ holdings, though experts are not convinced.

QuadrigaCX says founder Gerald Cotten died unexpectedly “due to complications with Crohn’s disease on December 9, 2018 while travelling in India” – and was the only person who knew the password to the company’s alleged “cold wallet” where it kept the vast majority of client holdings.

Hmm… Not sure I believe them

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