Home Headlines Crypto Currency trader boss dies with password to clients’ £145M

Crypto Currency trader boss dies with password to clients’ £145M

Gerald Cotten

The owner of Canada’s largest Crypto-currency exchange has unexpectedly died at the age of 30, taking with him the only password for a digital account holding £145 million of customers’ money.

Internet forums began buzzing with conspiracy theories when Gerald Cotten, the co-founder and chief executive of Quadriga CX, was reported by his wife to have died in December.

Jennifer Robertson revealed on January 14 that her husband had died from complications related to Crohn’s disease on December 9 while traveling in India, where he was opening an orphanage.

However, Mr Cotten appears to have failed to leave behind any note of a password or key to a digital “wallet” containing C$250 million (£145 million) of Bitcoin and other crypto-currencies for 115,000 account holders.

 

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