Millions in cryptocurrencies frozen after Canadian founder's death

By on
Millions in cryptocurrencies frozen after Canadian founder's death

Coins in cold storage.

About C$180 million (A$190.5 million) in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly in December. Gerald Cotten died aged 30 from complications with Crohn's ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
bitcoin crypto cryptocurrency finance financeit

Most Read Articles

MYOB floored by AWS Sydney database outage

MYOB floored by AWS Sydney database outage
Tax crackdown on IT contractors now snares non-technology businesses

Tax crackdown on IT contractors now snares non-technology businesses
Aussie Broadband predicts long wait for affordable gigabit speeds

Aussie Broadband predicts long wait for affordable gigabit speeds
Australian bank customers caught in valuation firm data breach

Australian bank customers caught in valuation firm data breach
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Cloud, AI, infosec: Is your IT strategy keeping up?
Cloud, AI, infosec: Is your IT strategy keeping up?
Automate and secure IOT for Business
Automate and secure IOT for Business
Data Science and AI Solutions for Cybersecurity
Data Science and AI Solutions for Cybersecurity
Intro to AI for Security Professionals
Intro to AI for Security Professionals
Digital Transformation: Hope, or Hype?
Digital Transformation: Hope, or Hype?

Events

Log In

Username / Email:
Password:
  |  Forgot your password?