Gerald Cotten, 30-year-old CEO of Canadian Bitcoin Exchange Quadriga, died unexpectedly in December from complications of Crohn’s Disease while on a trip to India to found orphanages. Cotten had stored the holdings of an estimated 115,000 bitcoin holders in secured “cold storage” files.
Unfortunately, Cotten took the password to his personal computer as well as the keys to all those encrypted accounts with him. The firm reported recently in its bankruptcy filing that it has been unable to unlock an estimated $190 million dollars in holdings. More
Apparently these savvy crypto currency investors missed out on the Beanie baby investment scam.
what’s the problem? it’s fake ‘money’ … just fake some more ‘money’
(our gubmint’s been doing it for decades)
This is easy (harder for me cuz I’m drunk)
The Password is
“Well I never picked Cotten…but My Brother did and Sister did and
My daddy died Young…Working in a Coal Mine”
Just sayen, he ain’t dead, and that safe is empty.
You can take it with you.
Just reading an article about the high quality of forged documents, such as death certificates, coming out of India these days.
Wouldn’t be surprised to find that Mr. Cotton is on a beach somewhere sipping Margaritas.
@ΜΟΛΩΝ ΛΑΒΕ: Not only have they been doing it, now they’re rubbing our noses in it:
http://tinyurl.com/y96pl5zd
That’s $10,000,000.00 I’ll never see again. Oh well, easy come, easy go.
All right. Gimme the damn safe. Geez. Egress dudes, 2A6X3: Where can a guy get a couple feet of det cord? Asking for a friend.
Last sentence is wrong, needs an edit, “able” =>> “unable”.
It’s kind of funny in an odd, twisted sort of way. RIP Mr. Cotten and I hope this debacle will convince other exchanges to ensure that the access codes are available should key people up and die. I would have thought that simple precaution would have been automatic in a business such as this.
Yeah and Hillary wiped her server
with a cloth
At first glance I read “Canadian Bacon.”
That would likely have more value.
I know the feeling.
Anybody here see the last scene of Trading Places? He’s siting on a beach in Tahiti, laughing his ass off and waiting for his wife to show up.
Jack Daniels took his recipe to the grave, as well. Couldn’t remember his combo, kicked his safe, got an infection in his foot, and died. Useless trivia of the day.
Thanks for spotting that, updated with correction. – Dr. Tar
@scr_north February 6, 2019 at 10:58 pm
> I hope this debacle will convince other exchanges to ensure that the access codes are available should key people up and die.
No trust among… err… some people.
@LocoBlancoSaltine February 6, 2019 at 11:42 pm
> At first glance I read “Canadian Bacon.”
Revrum Wright you, @LocoBlancoSaltine! Now I’m broke AND hungry!