NOTEBOOK – One Good Read: Experts cracked the laptop of the crypto CEO who died with sole access to $137 million, but the money was already gone
KATE HAYDEN Mar 6, 2019 | 10:32 pm
<1 min read time110 wordsBusiness Record Insider, The Insider Notebook
BY KATE HAYDEN: Millions of dollars were missing after a crypto CEO died without sharing the passwords to his accounts. Investigators cracked his laptop only to find the money was gone, reports Business Insider. Gerald Cotten, founder of QuadrigaCX, was thought to have had sole access to the funds and coins exchanged on the cryptocurrency exchange. After his mysterious death in December, his colleagues said about $137 million in cryptocurrency, belonging to about 115,000 customers, was held offline in “cold storage” and inaccessible. However, the mystery only grew with a March 1 report by auditors, who found the accounts had been emptied in April 2018 — eight months before his death.