Canadian crypto fund boss dies – No access to the keys
Heritage. In the cryptocurrency world kinda an important thing. Without a dedicated plan to pass the keys onto others no one is able to get to those funds. (As intended).
With a bank the heirs can still demand access to the money and depot but not without that missing third party.
Encrypted laptop and everything else→Locked forever (probably).
Keep the keys by yourself and plan the death beforehand. No way to do so afterwards.
Sponsored ( Powered by dclick )
Introducing DCLICK: An Incentivized Ad platform by Proof of Click. - Steem based AdSense.
Hello, Steemians. Let us introduce you a new Steem B...
This posting was written via
dclick the Ads platform based on Steem Blockchain.
This is a very unfortunate story. Kind of sad really. Can't believe he didn't at least tell a loved one on how to obtain the keys. I w.onder how he died....
Posted using Partiko Android
https://www.coindesk.com/indian-death-certificate-crypto-exchange-quadrigacx-death
Seems like that combination killed him.
Yikes. This is a digestive tract disease. He must have gotten it due to poor conditions in India, such as the food he ate was contaminated or something.
Posted using Partiko Android
Looks like it, genetic predisposition, bad conditions at the orphange location, bad treatment and a slow healtcare system. All combined, a really not-so-good-situation to be in.
Preparing the will and countermeasures before such a trip are kinda mandatory for someone running around with the only access to that amount of money.
But nothing the world can do about that anymore.
This kind of makes me want to go run out today and write my will! Although... I don't have much, but hey, I wouldn't want it to go to waste! Lol 😪!
Posted using Partiko Android
.