QuadrigaCX fiasco continues...

in #news5 years ago

https://markets.businessinsider.com/amp/news/crypto-ceo-died-with-passwords-to-137-million-but-the-money-is-gone-2019-3-1028009684

Recently Prople have been able to unlock Gerald Cotton's laptop and gain access to his cold wallets. Yet there is zero crypto stored in those wallets. So the search for hundreds of million of dollars in crypto continues.....

Funny how three weeks ago there was mentioning of "accidental" transfers of crypto into Mr. Cottons wallets post death.

https://www.ccn.com/quadrigacx-sent-400000-dead-ceo-bitcoin-wallet/amp

Link above mentions $400k as an example of "accidental" transfer. Yet I have not seen further updates of this assets.

The true sad part about this is not even the honesty of bitcoin ledger and its algo could keep all its coins transparent. This whole fiasco is making me believe crypto is less safer to store and hold than versus fiat or gold. Just sad.

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