$137 Million Lost, Bitcoin Founder died without revealing the Password
A Canadian cryptocurrency exchange was granted bankruptcy protection on Monday after its president took passwords for accounts containing 180 million Canadian dollar (USD 137 million) to his grave when he died suddenly.
Nova Scotia's high court granted the application made by Cotten's widow Jennifer Robertson on behalf of the company, which has also stopped currency trading on its platform.
Quadriga CX had announced mid-January that Cotten died of complications from Crohn's disease on December 9 while volunteering at an orphanage in India. He was 30.
The company also released full detail about court order on its website.
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In an affidavit, Robertson said the company has been unable to ...