QuadrigaCX, the most important financial trading platform in Canada, has 250 million consumer dollars – both in Canada and in bitcoins and other cryptocurrencies – fully protected. It is the problem that even does not; The company itself could be able to access this money, from which its founder and its executive leader provided the password to the grave. QuadrigaCX is up to 7 March to solve this case. In addition, the applications come as stormy floods.
The platform was created in 2014 by Gerald Cotten, born in Canada for 30 years in the Nova Scotia department. On January 14, QuadrigaCX published on Facebook how the center's death was set up and its director. "Gerry died due to the problems of Crohn's illness on 9 December 2018, as long as he was traveling in India, where he opened an eternity to bring home and safety to children , "said the announcement.
On January 31, QuadrigaCX informed his client that he had applied a court in the Halifax town (Nova Scotia) to stop paying 30 days, to solve financial problems. The company had already had a couple of problems in the beginning of 2018, when the CIBC bank put 26 million back due to anomalies in some movement. However, it was a special figure; in comparison to the one who came.
In a written essay before the court, Jennifer KM Robertson, widow Gerald Cotten, said the company could not get into $ 250 million – in Canada and cryptocurrencies – with around 115,000 users, because her husband was a user who knew the password. Robertson is said to be angry, Cotten was frightened by the trailers. For this reason, he put the money back in an electronic purse that is not connected to the internet and is protected by his secret code. Robertson said several experts tried to go into the laptop that Cotten was using for his & her; company, as well as its mobile phone and encrypted USB device. However, the attempts to find the electronic spoon password were not found unsuccessful.
On 5 February, the judge agreed to submit the quadrigaCX application, and Allow the payments that may be unfit for 7 March, date to & # 39; company to get in to the dashboard, by searching the password or when you find a way to start it. The Ernst & Young company will finance financially; company cryptocurrency during that time. "This payload allows us to work hard in this process and thus try to ensure the potential of our company," said QuadrigaCX the day the decision was decided to & # 39; to summon a judge. However, the company's lawyers left out if the password could not be found, the platform could be sold for the payment of the debts.
The special references of this history have inspired many symbols. The one who sounds more armored that Cotten, in an analyzed plan, escaped with the millions of resources. According to The Globe and Mail, the QuadrigaCX founder wrote his wish 12 days before his death, where he named his wife as a special heir. However, Robertson delivered Cotten's death certificate. In addition, the Canadian Ministry of Foreign Affairs Ministry confirmed the CBC that one of its citizens in India died, even though it did not provide further information as a result of the legal guidance for the protection of personal information.
For now, QuadrigaCX is in a race against its host to find the key. It is not known that its company has a & # 39; Convener of well-known or spirit-makers who have a great impact on their efforts. The media in Canada has taken advantage of this issue to ask authorities to have more control in the sale and sale of cryptocurrencies.