One of Canada’s biggest Bitcoin (BTC) exchange – QuadrigaCX – has possibly lost $190 Million in cryptocurrencies after its founder and CEO died suddenly last December in India due to Crohn’s disease. The death of its CEO , Gerald Cotten, was announced by the exchange early January this year. To date, the team at the exchange has been unable to access the locked up Bitcoin (BTC), Bitcoin Cash, Bitcoin SV, Bitcoin Gold, Litecoin, and Ethereum.
Cotten mostly worked from his home computer which was encrypted. The late Cotten’s wife, Jennifer Robertson, stated via an affidavit, that she did not know the password or recovery key despite hiring a cyber-security expert to attempt accessing the machine.