Article 4WQ7T Creditors of dead cryptocurrency exec want to exhume his body

Creditors of dead cryptocurrency exec want to exhume his body

by
Mark Frauenfelder
from on (#4WQ7T)
Story Image

When Gerry Cotten, founder of the QuadrigaCX cryptocurrency exchange, died mysteriously in India at the age of 30 he left behind an encrypted laptop with up to $250 million of customer deposits locked up on it. Without a password, those funds are irretrievable (at least until quantum supremacy becomes a real thing). Now, according to Ars Technica, those customers want proof Cotten is really dead -- and not sipping piscines on the deck of a yacht anchored in Gustavia Harbor -- by having his body exhumed and positively identified.

From the article:

Lawyers representing exchange clients on Friday asked Canadian law enforcement officials to exhume his body and conduct an autopsy "to confirm both its identity and the cause of death," the NYT said. The letter cited "the questionable circumstances surrounding Mr. Cotten's death and the significant losses" suffered in the incident. The letter went on to ask that the exhumation and autopsy be completed no later than "spring of 2020, given decomposition concerns."

Quadriga didn't disclose Cotten's death until January 14, in a Facebook post, more than a month after it was said to have occurred. The QuadrigaCX platform went down on January 28, leaving users with no way to withdraw funds they had deposited with the exchange. Clients have taken to social media ever since to claim the death and loss of the password were staged in an attempt to abscond with their digital coin.

External Content
Source RSS or Atom Feed
Feed Location https://boingboing.net/feed
Feed Title
Feed Link https://boingboing.net/
Reply 0 comments