Exchange loses access to 26,000 bitcoins

Candian crytocurrency exchange QuadrigaCX may not be able to access over CAD$250million worth of cryptocurrnecies including approximately 26,500 bitcoins that it was holding on behalf of its customers. The exchange’s CEO, Gerald Cotten, unfortunately passed in December 2018 and it’s presumed that he had sole access to the company’s private keys holding their customers’ coins. Cotten’s widow, Jennifer Robertson, declared that she had been unable to access his laptop to an encrypted password; than a technical consultant has so far been unable to assist and that “Quadriga’s inventory of cryptocurrency has become unavailable and some of it may be lost”

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